On 03 September 2015, the National Bank of Ukraine (hereinafter, the “NBU”) issued Decree No.581 which came into force on 04 September 2015. Decree No.581 re-extends the key currency restrictions previously imposed by Decree No. 354 dated 03 June 2015.
Adopted on 16 July 2015, this legislative act was intended to improve the electronic VAT administration system. Unfortunately, certain novelties may give rise to quite negative consequences.
Ukraine’s Parliament on 15 July 2015 approved a Law that introduces important changes to the transfer pricing rules in Ukraine. The changes generally are positive and aimed at eliminating errors and inaccuracies in the current version of the TP legislation. Presented below is a brief overview of the most important TP amendments.
On 3 March 2015, the National Bank of Ukraine (hereinafter, the “NBU”) published a decree that regulates currency restrictions in Ukraine (Decree No. 160 dated 3 March 2015). The Decree took effect on 4 March 2015.
Ukraine today represents one of the most attractive emerging markets for international companies. Situated at the crossroads of Eastern Europe, Middle East and Central Asia, the country benefits from a consumer market of 42.9 million people...
Alexander Cherinko, Deloitte Ukraine Transfer Pricing Leader, participated in the Deloitte EMEA Transfer Pricing Conference held in Madrid on 16-19 March. Alexander acted as the lead presenter on the breakout session devoted to specifics of transfer pricing in the Central and Eastern Europe.