Global

Details

  • Service: Tax, Global Transfer Pricing Services, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 8/22/2013

Ukraine - Reminder of September effective date for transfer pricing 

August 22:  Ukraine's transfer pricing law has an effective date of 1 September 2013.

The new law amends the transfer pricing rules and includes requirements for transfer pricing documentation reports. Beginning 1 September 2013, certain transactions between related and unrelated parties will be subject to control under the new law.


Under the provisions of the new transfer pricing rules:


  • The first reporting deadline is 1 May 2014.
  • Taxpayers that fail to submit a controlled transaction report will be subject to a penalty equal to 5% of the transaction cost.

Read TaxNewsFlash-Transfer Pricing: Ukraine - Transfer pricing law is effective 1 September 2013 (31 July 2013).


Read also TaxNewsFlash-Transfer Pricing: Ukraine - New transfer pricing rules effective 1 September 2013 (10 July 2013)



For more information, contact a member of KPMG’s Global Transfer Pricing Services group in Ukraine:


Konstantin Karpushin

+380 (44) 490 5507 (ext: 13888)




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