Practical online seminar was held on the topic: “Solving practical cases in the transfer pricing sphere. Tax control over controlled foreign companies. Experience of Germany”

On 09 – 11.03.2021, the project “Effective Public Finance Management III” implemented by the German Society for International Cooperation (GIZ) on behalf of the Government of Germany, at the request of the State Tax Service of Ukraine held a practical online seminar on the topic: “Solving practical cases in the transfer pricing sphere. Tax control over controlled foreign companies. Experience of Germany”.

Seminar was conducted by experienced German experts-practitioners in the transfer pricing audit and international taxation – Mr. Alexander Leipold, Ms. Olga Asseburg-Witfeldt and Mr. Arno Neumann from the Federal Central Tax Office (Bonn). They presented the international experience (OECD, EU) and experience of Germany to Ukrainian colleagues, namely: representatives of the International Cooperation Department, Tax Audit Department, Risk Management Department, Methodology Department, Tax Administration Department, Main Directorates of the State Tax Service of all regions of Ukraine for work with large taxpayers and the International Taxation Department of the Ministry of Finance.

The main focus of event was on the introduction of various tax control tools for controlled foreign companies used in Germany, as well as consideration, solution and discussion of practical cases from Ukraine and Germany in the transfer pricing in groups and with German experts.

During three days of the online workshop, experts particularly considered the following key blocks:

consideration of practical cases from Ukraine and Germany and risk analysis in the transfer pricing sphere;

introduction of a risk-oriented approach to analysis of controlled operations;

introduction of tax control over controlled foreign companies. German experience;

ICAP – Analysis (International Compliance Assurance Program).

Attention was also paid to additional experience in further implementation of certain steps of the BEPS Action Plan, primarily in the verification of transfer pricing of companies and selection of necessary methods according to the OECD regulations.