UEEX made a report at the IV specialized conference "Transfer pricing in Ukraine. Stay ahead of the game"

On March 17, 2017 Ukrainian Energy Exchange (UEEX) together with the Association "Exchanges and Electronic Platforms" (AEEP), member of which UEEX is, had participated in the IV specialized conference "Transfer pricing in Ukraine. Stay ahead of the game". The aim of the event was discussion of new provisions of the Tax Code of Ukraine in terms of transfer pricing and taxation, problematic issues and questions that concern business, and finding answers through joint efforts of business, leading experts of the State Fiscal Service of Ukraine and Kyiv, consulting and auditing companies.

In particular, UEEX together with AEEP had prepared a report, "Transfer pricing rules for commodities with exchange quotation", in which they discussed nuances of formula pricing for forward contracts, determination of prices for futures contracts, "narrow" places when using exchange prices of world exchanges, which usually trade in commodity derivatives but not commodities, the necessity of cancelling the list of world exchanges and application of exchange quotations of recognized domestic exchanges and international information and analytical agencies, such as Thomson Reuters, Argus, Platts, Bloomberg and others.

The report on this topic was made by Deputy Chairman of the Exchange Committee of UEEX Oleksii Lastovets.

Presentation "Transfer pricing rules for commodities with exchange quotation"