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.
Unify Social Insurance contribution changes
Law of Ukraine “On amending Section VIII “Final and transitional provisions” of the Law of Ukraine “On collection and accounting of the unified contribution to compulsory state social insurance”
as to payroll unburdening (hereinafter, the “Law”) was published on 12 March 2015
in Holos Ukrayiny. The Law becomes effective on the day that follows the date of its promulgation, i.e. 13 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.