In order to clarify Ukraine's transfer pricing rules, the Ministry of Revenue and Duties in have made public Guidance Letter 6924/10/06.2-20. The guidance covers controlled transactions, related parties, and the reporting period.
Controlled Transactions
Under Ukraine's transfer pricing rules, the following transactions are considered controlled when their aggregate value with a single party in a calendar year is equal to or exceeds UAH 50 million (excluding VAT):
- The purchase or sale of good…