Regulation of transfer pricing in Ukraine
DOI:
https://doi.org/10.35774/visnyk2025.02.116Keywords:
transfer pricing, state regulation, controlled transactions, , foreign economic activity, taxation, intragroup transactions, tax controlAbstract
Introduction. In modern conditions, given the limited external sources of financing, effective administration of controlled transactions between related parties is considered as an important tool for replenishing the state treasury. Effective state regulation of transfer pricing is a key tool to prevent artificial understatement of tax liabilities by enterprises, which, in turn, affects the volume of revenues from controlled transactions. Therefore, the urgent issue of today is to increase the effectiveness of such regulation.
The purpose of the study is to in-depth analysis of international and domestic experience in transfer pricing regulation, substantiate the advantages and disadvantages of the stages of such regulation in Ukraine, as well as identify key parameters for improving the efficiency of transfer pricing regulation.
Research methods. In the preparation of the study, general scientific and specific methods of scientific knowledge were used. In particular, thanks to the systematic approach, the article systematizes and streamlines the stages of formation and regulatory and economic regulation of TP in the world and Ukraine. The use of generalization and comparison methods made it possible to highlight the advantages and disadvantages of each stage of TP regulation. With the help of methods of analysis and synthesis, the dynamics of the TP state in Ukraine has been determined and generalized conclusions have been formed.
Results. A thorough analysis of the stages of introduction of TP regulatory measures in the world and Ukraine has been carried out. The advantages and disadvantages during the stages of TP introduction, adaptation and clarification of provisions, harmonization with international standards and implementation of BEPS, digitalization and automation of control are highlighted. It has been established that the normative definition of transfer pricing in the Ukrainian legislation, on the one hand, is based on the generally recognized international arm’s length principle, but, on the other hand, it reflects the specifics of the national tax system through the extended interpretation of controlled transactions. The advantages and weaknesses of the Ukrainian TP model are formed. The dynamics of the structure of controlled transactions by subjects of transactions in 2021–2023 is analyzed. It is determined that the most pronounced positive dynamics during the analysis period is an increase in the share of transactions with raw materials, which is fully consistent with the export structure of Ukraine.
Perspectives. Application of tools for digital transformation of control processes in the state regulation of transfer pricing, in particular, the introduction of automated analytical systems, real-time information exchange and integration with international tax platforms.
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