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EBA Dnipro Finance & Tax Committee: Analysis of the TP reporting campaign in 2024 and preparation for the TP reporting campaign in 2025

05/ 12/ 2024
  The traditional event analyzing the reporting campaign for TP 2024 and preparing for the upcoming campaign took place within the framework of the EBA Dnipro Finance&Tax Committee. The meeting was held in collaboration with Leonid Karpov, Head of the EBA Dnipro Finance&Tax Committee, and Kateryna Rusu, TP Manager at AC Crowe Ukraine. The speakers covered key topics relevant to enterprises, including: The volume of declared transactions for 2024. Reporting mistakes (common mistakes and correct reporting practices). Methodology for filling out the main sections of the Controlled Transactions Notification. Transactions under the close scrutiny of regulatory authorities. Constructive dividends (Order No. 480 of the Ministry of Finance dated 20.08.21). Approaches to analyzing international agreements for taxing transactions involving the sale of goods, works, and services. Legislative changes in transfer pricing regulations. Updates to the criteria for identifying low-tax jurisdictions. Expanded criteria for recognizing related parties and the introduction of the concept of economic connection. Adjustments to the financial result of the tax (reporting) year based on the provisions of subparagraphs 140.5.4 and 5.5.1 of the Tax Code of Ukraine. We are very grateful AC Crowe Ukraine for providing incredibly useful and expert information for EBA member companies!

The traditional event analyzing the reporting campaign for TP 2024 and preparing for the upcoming campaign took place within the framework of the EBA Dnipro Finance&Tax Committee. The meeting was held in collaboration with Leonid Karpov, Head of the EBA Dnipro Finance&Tax Committee, and Kateryna Rusu, TP Manager at AC Crowe Ukraine.

The speakers covered key topics relevant to enterprises, including:

  • The volume of declared transactions for 2024.
  • Reporting mistakes (common mistakes and correct reporting practices).
  • Methodology for filling out the main sections of the Controlled Transactions Notification.
  • Transactions under the close scrutiny of regulatory authorities.
  • Constructive dividends (Order No. 480 of the Ministry of Finance dated 20.08.21).
  • Approaches to analyzing international agreements for taxing transactions involving the sale of goods, works, and services.
  • Legislative changes in transfer pricing regulations.
  • Updates to the criteria for identifying low-tax jurisdictions.
  • Expanded criteria for recognizing related parties and the introduction of the concept of “economic connection.”
  • Adjustments to the financial result of the tax (reporting) year based on the provisions of subparagraphs 140.5.4 and 5.5.1 of the Tax Code of Ukraine.

We are very grateful AC Crowe Ukraine for providing incredibly useful and expert information for EBA member companies!

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