Ukraine Clarifies Transfer Pricing and Adjustment Requirements for Transactions with Certain Legal Forms

The Ukraine State Tax Service (STS) recently issued guidance letter 2891/IPK/99-00-21-02-02-06 concerning transfer pricing requirements for transactions with unrelated parties in certain U.S. states. The letter is in response to a taxpayer that intends to enter into a contract for the supply of goods with an unrelated company established as an LLC in the U.S. state of Texas. The letter provides that because LLCs in Texas are included in the list of specified legal forms approved by the Cabine…