On 16 September 2015, the Cabinet of Ministers of Ukraine issued Decision 977-R, amending the country's tax havens list for transfer pricing purposes. Transactions with residents of listed jurisdictions, whether related or not, are subject to the transfer pricing rules if the income/transaction thresholds are met. This follows the adoption of transfer pricing amendments in July 2015, which included a change in the conditions for inclusion in the list ({News-2015-07-29/A/2- previous coverage}). Jurisdictions removed from the list include Georgia, Guadeloupe, Jamaica, Lebanon, Luxembourg, Malta, Morocco, Singapore, Switzerland, and the United Arab Emirates. In addition, the Portuguese autonomous region Madeira is...