Ukraine Establishes Working Group for the Implementation of BEPS Measures

On 28 April 2016, Ukrainian President Petro Poroshenko signed a decree for the development of legislation to implement the outcomes of the OECD BEPS Project and established a working group for the task. The working group held its first meeting on 5 May, during which it discussed the implementation of a number of BEPS related measures including:

• VAT requirements for non-resident online suppliers based on Action 1;
• Controlled foreign company rules based on Action 3;
• Interest deduction limitati…