Transfer Pricing Methods

Abstract

The Cabinet Regulation No. 677 “Regulation of the Application of the Provisions of the Corporate Income Tax Act” (effective from 01.01.2018) lays down the methods for determining the arm’s length value of transactions or the arm’s length price of goods (products, services), which can be applied to determine whether the commercial or financial relations between related parties (in a controlled transaction) are consistent with the arm's length principle.