Adapted or not adapted: “eternal” issues in the field of TP were discussed at the National Tax Forum
The practice of TP in Ukrainian law is gaining momentum in the process of its formation and is more relevant than ever. Such a dynamics of development leads to the emergence of various problems and the identification of deficiencies in the management system, so there is a need to find new legislative and alternative tools for their elimination.
The National Tax Forum on the “Transfer pricing. Profit. VAT” took place on September 20, 2018, during which the best tax and TP experts, including EUCON Law Group specialists, accumulated their strength to help the participants to find answers to urgent questions.
Thus, the moderator of the first session of the “Transfer Pricing” and the active participant in the discussion was Yaroslav Romanchuk, the lawyer, managing partner, head of the tax practice of EUCON Law Group.
In turn, the auditor, a partner, the head of the transfer pricing practice of EUCON Law Group, Larysa Vrublevska, had a discussion on the topic of “Justification of the price level in transactions for acquiring goods from a non-resident”. The speaker, demonstrating and solving specific cases, described the scheme of resale of the goods in the Ukrainian market in uncontrolled transactions, as well as described the features of the algorithm for functional analysis of the CT, the ways and factors which the most appropriate method of transfer pricing was chosen by, informed the audience about the features of methods, namely: Method of Resale Price, the Method of “Cost Plus”, Transactional Net Margin Method and the Profit Split Method.
Lyudmila Demchenko – the Head of the Main Department of the SFS in Kyiv; Mykola Mishin – the Head of the Transfer Pricing Audit Office of the Audit Department of the SFS of Ukraine; Iryna Syvolap – the Head of the Transfer pricing Сooperation Office of the Tax and Customs Administration and Control Department of the Department of Taxes and Duties of Legal Entities of the SFS of Ukraine; Oleksiy Zadorozhnyi – the Head of the Department of Improvement of the Enterprise Profit Taxation Methodology of the Department of Methodological and Normative Work of the SFS of Ukraine; Alla Kononova – the Head of the VAT Processing Office of the Department for Improvement of Indirect Taxation of the Department of Methodological and Normative Work of the SFS of Ukraine also participated as speakers at the forum.