On 14 May 2015, the Ukrainian government issued a new list of low-tax jurisdictions for transfer pricing purposes. If a jurisdiction has a corporate tax rate at least 5 percentage points lower than the Ukraine's general corporate rate of 18%, it is considered a low tax jurisdiction. The decision repeals the list of low-tax jurisdictions approved on December 25, 2013.   The new list includes, Andorra, Anguilla, Antigua and Barbuda, Aruba, Austria, Bahamas, Bahrain, Barbados, Belize, Bermuda, Bosnia and Herzegovina, British Virgin Islands, Brunei, and Bulgaria, Canary Islands, Cape Verde, Cayman Islands, Cook Islands, Curacao, Cyprus, East Timor, French Guyana, Georgia,...