The Cabinet of Ministers of Ukraine has approved a new list of Low-Tax Jurisdictions that are the subject to transfer pricing control

On September 16, 2015 The Cabinet of Ministers of Ukraine approved the Instruction №977-r that specifies the new list of the low tax jurisdictions – states or territory with a corporate tax rate at least 5 percentage points lower than Ukraine’s general corporate rate of 18 percent.

On September 16, 2015 The Cabinet of Ministers of Ukraine approved the Instruction №977-r that specifies the new list of the low tax jurisdictions – states or territory with a corporate tax rate at least 5 percentage points lower than Ukraine’s general corporate rate of 18 percent. In other words Ukraine has removed several jurisdictions from its list of low-tax jurisdictions for transfer pricing purposes.

Such countries as Georgia, Guadeloupe, the Lebanese Republic, the Grand Duchy of Luxembourg, the Republic of Malta, the Kingdom of Morocco, the United Arab Emirates, the Republic of Singapore, the Swiss Confederation, Jamaica were excluded from the list. Consequently, the operations with non-residents registered in the above-mentioned countries will not be determined as regulated operations for transfer pricing control purposes.
For Ukrainian business the amendments are substantial and will facilitate cooperation with such popular jurisdictions as Switzerland and Luxemburg.

209

Related insights

Ukraine has every chance to become a strategic partner of the EU in the field of hydrogen energy

22 March 2023 News

Ukraine has every chance to become a strategic partner of the EU in the field of...

Read
GOLAW Managing partner Valentyn Gvozdiy participates in the work of the World Economic Forum in Davos (Switzerland)

17 January 2023 News

GOLAW Managing partner Valentyn Gvozdiy participates in the work of the World Ec...

Read
🔥 🔥 🔥 GOLAW made it into the top 5 of Ukraine’s leading law firms

08 December 2022 News

🔥 🔥 🔥 GOLAW made it into the top 5 of Ukraine’s leading law firms

Read
View all

We use cookies to improve performance of our website and your user experience.
Cookies policy Cookies settings

Please read the provisions of the privacy policy and the processing of personal data carefully Cookies policy.

I consent to the processing of personal data in accordance with the privacy policy and the processing of personal data

I want to receive a mailing

We use cookies to improve performance of our website and your user experience. Cookies policy Hide settings