Ukraine Issues Guidance Letter Clarifying Application of 30% Adjustment for Transactions with Tax Havens and Non-Taxed Entities
The Ukraine State Fiscal Service has issued guidance letter 2654/6/99-00-05-05-02-06/IPK regarding the application of the 30% adjustment (increase) in taxable income in relation to deemed controlled transactions with residents of low-tax jurisdictions (tax havens) and with non-residents that are not subject to tax in the jurisdiction in which they are based or not resident for tax purposes in t…
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