Ukraine's State Tax Service has issued guidance clarifying the country's transfer pricing reporting requirements and related penalties. The rules were amended by legislation approved on 28 December 2014 as part of the 2015 Budget, and are generally effective 1 January 2015. Submission of Transfer Pricing Documentation upon Request The deadline for the submission of primary transfer pricing documentation upon tax authority request is 1 month from the date of request. Prior to the new rules, the deadline was 2 months for large taxpayers and 1 month for all other taxpayers. Transfer Pricing Reporting Penalties The new rules include the requirement...