Changes to the Tax Code of Ukraine regarding introduction of transfer pricing rules came into force on September 1, 2013. These changes are the implementation of the OECD Recommendations regarding control prices in related party transactions. Also price control mechanisms for transactions with counterparties registered in low-tax and offshore jurisdictions are implemented.
All innovations require taxpayers engaged in controlled transactions clear understanding of the legislation rules and a wide range of appropriate analytical procedures. All steps of implementation of transfer pricing rules in a company from the prior inventory of its transactions to the reporting and documents preparation in order to substantiate the level of prices are required professional qualifications of responsible persons. In order to comply with transfer pricing legislation it is extremely important to reasonably select the transaction value method, gather information for its implementation, develop comparability criteria for transactions and efficiently prepare documentation confirming the level of price. Generally, all procedures are performed according to the specially developed domestic regulations for each organization (in the light of specific features of the company) .
We decide to make an own contribution to the creation of an effective system of transfer pricing regulation as the application of transfer pricing rules is a completely new field in the common taxation system of Ukraine, moreover the tax authorities are quite decided about it.
The program of training is made by specialists of the International Audit Union and International Legal Center EUCON that will help you understand the complexity of the law relating to transfer pricing.
The program is developed for the accounting and finance departments in order to get a comprehensive overview of all aspects of transfer pricing aimed to further develop and implement domestic policy in your own company in this field.
Director of the transfer pricing school