On July 4th 2013, the Law “On the Amendments to the Tax Code of Ukraine Regarding Transfer Pricing” passed its second and final reading and was adopted by the Ukrainian Parliament. It will become effective on September 1st 2013, and not on January 1st 2014 as was previously expected.
The Law brings i.a. the following changes to the existing transfer pricing rules in Ukraine:
KPMG has a dedicated transfer pricing team consisting of 6 tax experts. Since the beginning of 2013, the team has successfully completed a number of projects for Russian and international clients. Konstantin Karpushin, head of the Transfer Pricing Group in Ukraine, has more than seven years of experience resolving complex transfer pricing issues, which he gained during his work in Russia and Finland.