The State Tax Service of Ukraine has issued a release providing guidance on adjustments to financial results before tax for purchase and sales transactions with non-residents in low-tax jurisdictions (tax havens) and those established as specified legal forms. The tax havens and specified legal forms are set through resolutions from the Ukraine Cabinet. Tax havens generally include jurisdictions with low or no taxation or inadequate information exchange with Ukraine, and specified legal forms mainly include various partnership forms that are not subject to tax in the jurisdiction in which they are based or not resident for tax purposes in the...