The State Tax Service of Ukraine has issued a notice on new fines for certain transfer pricing reporting violations:
- The fine for failing to submit the notification of participation in an international group is set at 100 subsistence minimums, and the fine for late submission has been set at 50 subsistence minimums; and
- The fine for late declaration of information on controlled transactions in the report on controlled transactions is set at 1 subsistence minimum for each day of delay, subje…