Global Tax Alert (News from Transfer Pricing) | 2 August 2013

Ukraine's President signs Transfer Pricing Law, effective from 1 September 2013

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On 31 July 2013, the President of Ukraine signed the comprehensive Law on Transfer Pricing (the TP Law).1

The TP Law introduces the definition of related parties and controlled transactions. It also provides for a detailed description of five TP methods, based on the OECD Guidelines, and introduces strict compliance and documentation requirements, along with a number of other important changes.

The TP Law comes into force on 1 September 2013.

According to the TP Law, Ukrainian companies will have to file their first TP report on controlled transactions by 1 May 2014. The tax authorities can start requesting and auditing TP documentation for 2013 from taxpayers on 1 May as well.


1. See EY Global Tax Alert, Ukrainian Parliament approves Transfer Pricing Law, dated 9 July 2013.

For additional information with respect to this Alert, please contact the following:

Ernst & Young LLC, Kiev, Ukraine
  • Igor Chufarov
    +380 44 492 8231
  • Anna Johnson
    +380 44 490 3341
Ernst & Young LLP, Eastern European Business Group, New York
  • Julia Samoletova
    +1 212 773 8088

EYG no. CM3679