13/10/17
Financier Worldwide annually surveys the opinions of leading professionals around the world on the latest trends in transfer pricing.
Olga Trifonova, Director, the Head of Transfer Pricing group at PwC Ukraine, has been invited to share her view on the transfer pricing in Ukraine over the past year in the 2017 issue of Financier Worldwide. Olga also provided some recommendations on how a company should respond if it becomes the subject of a tax audit or investigation.
“There has not been sufficient attention paid to transfer pricing in Ukraine in recent years and there are several factors which explain this. First of all, the practice of transfer pricing audits and reviews of transfer pricing documentation have been limited. Therefore, many businesses believed that transfer pricing was not a priority for the tax authorities, but this is no longer the case. The second factor was the lack of experience in transfer pricing among Ukrainian companies, in particular among local businesses. Over the last year there has been increased interest in transfer pricing among both local and multinational businesses, which is reflected in a significantly increased number of companies seeking transfer pricing assistance this year”,
Find out more and read the full interview with Olga in the "Annual Review: Transfer Pricing 2017” below (pages 32-35).