Ukraine makes shift to global standards on transfer pricing to plug $2 billion leak

Ukraine makes shift to global standards on transfer pricing to plug $2 billion leak

KyivPost 2

Outside the business community, the term “transfer pricing” sounds like jargon. But for tax agencies and national budgets, controlling it is extremely important. Companies that use transfer pricing schemes to avoid taxes are costing Ukraine’s state budget an estimated Hr 50 billion, or near...