Cabinet adds Austria, Turkmenistan, Hong Kong to states subject to transaction control
The Cabinet of Ministers of Ukraine has added Austria, Turkmenistan, Hong Kong and Niue to the list of countries transactions with which are subject to control under the administration of the law on transfer pricing.
Corresponding Cabinet decree No. 449 dated May 14 has been posted on the website of the government.
Albania was excluded from the list, bringing the total number of countries in the list to 76.
As reported, the law on amendments to the Tax Code of Ukraine on transfer pricing came into force in Ukraine on September 1, 2013. According to the law, transfer pricing rules apply to controlled transactions with the residents of low-tax jurisdictions (where profit tax rate is lower than the Ukrainian rate by 5 percentage points or more).
Advertising
Advertising
MORE ABOUT
Govt approves concept of state program on use of AI in priority sectors of economy
10:21, 16.04.2024
France to continue seeking control instruments for Ukrainian grain on EU market
19:16, 09.04.2024
Zelenskyy announces preparation of steps in control over operation of online casinos
20:52, 02.04.2024
Shmyhal on govt reform: We intend to reduce number of ministries by third
13:50, 04.03.2024
Ukraine's govt needs to be cleared from more than 30 unusual powers – Nemchinov
11:09, 04.03.2024
LATEST
New EU sanctions will apply to supplies of manganese ore and aluminum oxide to Russia – Latvian authorities
21:07, 03.05.2024
NBU lifts restrictions on import of works, services; introduces other currency concessions
21:01, 03.05.2024
Ukrainian coal could be exported due to shutdown of Centerenergo in Russian heavy shelling – Minister of Energy
19:26, 03.05.2024
NBU requires Getin Holding to sell Idea Bank within six months
10:09, 03.05.2024
DIM company accredits houses under construction in eOselia program