We Can't Be Tricked

November 7, 2018 · Publications

Ukraine faces the task to catch up with other countries in a relatively short period of time and go the way that Western Europe or America went through in a decade.

“The influence of the global economy requires that Ukrainian legislation and the tax system approach international standards, including in matters of transfer pricing” – emphasizes Natalya Makovetskaya, senior lawyer, attorney at Legrant Law Firm, in the article for "Yuridicheskaya Praktika".

Currently the impossibility of checking the entire chain of counterparties, as well as control by the fiscal authorities, are causing a lot of trouble to taxpayers and lead to numerous litigations. You can read more about pricing methods in a controlled transaction, transfer deficiencies, as well as the position of the Supreme Court regarding transfer pricing here.