Order of the Ministry of revenue from 22.11.2013, №699
Order of the Ministry of revenue from 22.11.2013, №699 approved the Summarizing tax advice concerning specific matters of application of the tax laws on transfer pricing.
Tax officers explained that 2013 is the first reporting period for the submission of a Report on controlled transactions (hereinafter - the report) is to be submitted by the taxpayer in accordance with the requirements of paragraphs 39.4.2 of the Tax Code of Ukraine (hereinafter - TCU). Thus in determining the volume of controlled transactions one will need to consider the cost parameter of all operations separately by the counterparty for a whole calendar year, ie from 1 of January to 31 of December 2013.
Important! In the Report for 2013 the taxpayer must specify the controlled transactions performed during the period from 01.09.2013 till 31.12.2013.
Please pay attention, that controlled operations in the Report are shown at the date of transfer of ownership on goods or the date of the act or other document issued in accordance with the law, which confirms works or services performed.
