KPMG’s Transfer Pricing Services helps companies implement economically supportable transfer prices, document policies & respond to challenges.
KPMG’s Transfer Pricing Services help companies implement economically supportab...
On 15 July 2015 the Verkhovna Rada adopted the Law of Ukraine No. 609-VIII ‘On Amendments to the Tax Code of Ukraine to Improve Transfer Pricing’ (hereinafter – the Law No. 609). Below you will find the key information about the changes in the transfer pricing rules and their impact on Ukrainian business.
We help companies reduce the risks associated with transfer pricing by providing the following services:
The list of controlled transactions has been updated
New transfer pricing rules introduce a slightly modified list of controlled transactions previously set out in the Transfer Pricing Law.
Currently such business transactions carried out by Ukrainian taxpayers are considered to be controlled:
Such transactions are considered to be controlled if the following conditions are met at the same time:
What should taxpayers do?
Ukrainian taxpayers who carried out controlled transactions are required to:
What are the consequences of violating the transfer pricing rules?
How can KPMG help you stay one step ahead in the field of transfer pricing?
In the process of controlled transactions analysis KPMG specialists use a comprehensive approach to transfer pricing issues, taking into account the current legislation, expected amendments to it and international transfer pricing principles. This approach helps our clients comply with the laws and regulations and creates additional business value.
Our experts offer their help in the following:
KPMG professionals help our clients in the structuring of intra-group transactions in Ukraine and abroad, analysis of tax risks related to the application of transfer prices, and transfer prices rationale from the tax point of view.
Our transfer pricing specialists actively cooperate with other KPMG specialists in the field of corporate tax, consulting and legal services. KPMG professionals use KPMG’s global experience in transfer pricing, cooperating with their colleagues from the KPMG Global Transfer Pricing Practice.