In this article from Bloomberg BNA’s Tax Management Transfer Pricing Report, NERA Vice President Dr. Vladimir Starkov examines the new Ukrainian transfer pricing regulations, which will significantly alter the transfer pricing landscape in Ukraine when they take effect on 1 September 2013. Dr. Starkov notes that proper transfer pricing compliance in Ukraine will require a thorough understanding of the newly adopted regulations and that the amendments likely will increase compliance efforts by the country’s taxpayers. Dr. Starkov summarizes each amendment, which define “related parties,” impose reporting and documentation requirements, set forth acceptable methods, and describe the scope of audits and Advanced Pricing Agreements.

Reproduced with permission from Tax Management Transfer Pricing Report, Vol. 22, No. 8, 8/8/2013. Copyright 2013 by The Bureau of National Affairs, Inc. (800-372-1033) http://www.bna.com