Transfer pricing enforcement is key to collecting essential taxes

The State Fiscal Service had six years to learn about transfer pricing and its application in Ukraine. Tax authorities do not act irrationally when selecting businesses for transfer audits but use a risk assessment method in picking their target companies. But the courts are not well aware of the approaches in application of transfer pricing rules so it will take some time to prepare it for TP dispute resolution, says Olga Trifonova, Director, Transfer Pricing Leader at PwC Ukraine in her comments for Kyiv Post.

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