LAW OF UKRAINE

of July 15, 2015 No. 609-VIII

About introduction of amendments to the Tax Code of Ukraine of rather transfer pricing

The Verkhovna Rada of Ukraine decides:

I. Bring in the Tax code of Ukraine (Sheets of the Verkhovna Rada of Ukraine, 2011, Art. No. No. 13-17, 112) the following changes:

1. In Item 14.1 of Article 14:

1) in subitem 14.1.71:

the third offer of paragraph two to state in the following edition: "In that case the price determined by agreement parties, but not below the minimum or indication price is considered the regular price";

in paragraph three of the word and figures "provided that it is impossible to apply the methods specified in subitem 39.3.1 of Item 39.3 of article 39 of this Code" to exclude;

in paragraph five of the word "the price which corresponds to the level of market prices of the moment of the conclusion of such contract is" shall be replaced with words "the price which corresponds to the forward or future price of date of the conclusion of such contract is";

2) in subitem 14.1.159:

the ninth the subitem "an" and the paragraph of the sixth of the subitem "b" to add the paragraph with the offer of the following content: "At the same time the amount of such credits (loans), returnable financial aid and equity is determined as arithmetic average value (for the beginning and the end of the accounting period)";

the twenty ninth to state the paragraph in the following edition:

"In the presence of the circumstances specified in paragraph one of this subitem, the legal entities and/or physical persons which are the parties of economic activity have the right to independently recognize themselves for the purposes of the taxation as the connected persons on the bases which are not provided in subitems "an" - "in" this of the subitem".

2. In Article 39:

To exclude 1) in subitem 39.1.4 of Item 39.1 of the word "and value added tax";

2) in Item 39.2:

in subitem 39.2.1:

the paragraph one to state in the following edition:

"39.2.1. The principles of activity definition controlled";

state subitems 39.2.1.1 and 39.2.1.2 in the following edition:

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info