State Tax Service Reports on the Current Results of Ukraine’s Participation in the CbC Automatic Tax Information Exchange

On April 7, the State Tax Service published an overview of the current status of Ukraine’s exchange of tax information with international partners within the framework of Countrty-by-Country Reporting.

To date, CbC reports have been received from 29 of the 45 countries from which information for the 2024 fiscal year is expected. In total, data from 35 foreign partners on over 700 international groups of companies has been received within the framework of the international exchange. Currently, Ukraine can potentially exchange reports with 111 partner countries that have agreed to such interaction.

In 2026, reports from 45 countries are expected. The exchange process is ongoing, and having checked the completeness and reliability of the received data, Ukraine has already sent the relevant reports to other participants.

The information received is used exclusively for assessing tax risks. It allows to:

– analyze the distribution of profits between jurisdictions;

– identify potential cases of tax base erosion;

– identify transfer pricing risks;

– develop a risk-based approach to tax control.

The introduction of the above mechanisms is part of Ukraine’s systematic work on the implementation of international standards, in particular BEPS.

Press release