TRANSFER PRICING PENALTIES IN UKRAINE. ANALYSIS OF THE PRACTICE OF EU COUNTRIES IN SPHERE OF TRANSFER PRICING PENALTIES
Journal Title: Юридичний науковий електронний журнал - Year 2017, Vol 2, Issue
Abstract
The article deals with the question of the transfer pricing penalties provided under Ukrainian legislation for violations, which is arising in the field of transfer pricing, as well as with research of their nature and application in the field of transfer pricing. Attention also was focused on the features of their legislative consolidation in Ukraine. Comparative analysis with European legislation also took place in this article. Main features and key aspects of the institution of transfer pricing penalties in EU countries had been revealed. The purpose of the article is to highlight the main provisions of the legislation of Ukraine on transfer pricing penalties and provide a comparative analysis of the definition and application of transfer pricing penalties in other jurisdictions of EU countries. Penalties by their nature, are intended to stimulate taxpayers adhere to the legislation. Moreover, compliance with legislation in this case would refer as to comply with the procedural requirements – requirements relating to the reporting on controlled transactions, providing information on the request of the supervisory authority and to the requirements as to the correctness of determining the real amount of the tax obligation. The requirements for transfer pricing are based on the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations, and they are the same for the participant’s countries of the Organization for Economic Co-operation and Development (OECD). However, it should be noted, that the types, principles and amounts of penalties in transfer pricing vary among countries. Such diversity caused by the difference between the tax systems in EU countries. Therefore, the harmonization of transfer pricing penalties is a quite relevant issue.
Authors and Affiliations
О. О. Гонько
Keywords
Related Articles
- EP ID EP476182
- DOI -
- Views 90
- Downloads 0
CYBERCRIME: CURRENT STATUS AND FEATURES OF VITICOMOLOGICAL PREVENTION
The article deals with the phenomenon of cybercrime. The author analyzes the relevance of the study of cybercrime and the main reasons for its dissemination. It is noted that with the increase of users of the computer ne...
THEORETICAL AND LEGAL ASPECTS OF EXERCISING CONTROL OVER ACTIVITIES OF POLITICAL PARTIES
The research paper explores theoretical and legal aspects of exercising control over the activities of political parties. It examines the main models of regulatory control over the activities of political parties and det...
FEATURES OF AND PROBLEMS OF LOCAL ELECTIONS 2015
The article investigates the features of the local elections and 2015. The author draws attention that those elections were the features of novelty electoral system applications during their execution, the introduction o...
RНЕTORICAL SKILLS OF THE PARTICIPANTS IN THE TRIAL
Proceedings are implemented through the systematic communication of professional lawyers and people involved in the judicial process. This communication is regulated, and each party to the trial has the opportunity to ap...
LEGAL REGULATION OF UKRAINIAN’S GOVERNMENT TERRITORY OWNERSHIP IN 1918
In the article are explored issues, connected with re-establishment land’s ownership in 1918, in the period of prevalence of Ukraine. It is noted that ownership is one of the fundamental human rights, which is reflected...