Law of Ukraine “On amending the Law of Ukraine “On the protection of economic competition” in terms of raising the efficiency of economic concentrations control” No. 935-VIII (hereinafter, the “Law”) was promulgated on 18 March 2016.
On 05 March 2016, the Decree of the National Bank of Ukraine (hereinafter, the “NBU”) No. 140 “On regulation of the situation on the monetary and foreign exchange markets of Ukraine” dated 03 March 2016 (hereinafter, “Decree No. 140”) took effect.
The top 250 global retailers generated aggregated revenues of US$4.5 trillion in fiscal year 2014, representing a steady growth of 4.3 percent compared with 4.1 percent in 2013, according to the Global Powers of Retailing 2016: Navigating the new digital divide from Deloitte.
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.
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.
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...
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.