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CONTROLLED TRANSACTIONS WITH INTANGIBLE ASSETS IN THE CONTEXT OF THE BEPS ACTION PLAN

Автор: Sveta on .

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Umanciv G., Shushakova I. Kontrol'ovani operacii' z nematerial'nymy aktyvamy u konteksti planu dij BEPS. Visnyk Kyi'vs'kogo nacional'nogo torgovel'no-ekonomichnogo universytetu. 2021. № 1. S. 101-118.

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DOI:  http://doi.org/10.31617/visnik.knute.2021(135)08

 
UDC 657.421.3
JEL Classification:  С02, D04, E61, F19, G14

UMANTSIV Halyna, 
PhD, Associate Professor, Associate Professor of the Department of Accounting and Taxation,
Kyiv National University of Trade and Economics 
Ukraine, 02156, Kyiv, 19, Kyoto str.
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ORCID: 0000-0002-5410-1363
 
SHUSHAKOVA Iryna, 
PhD, Senior Lecturer of the Department of Accounting and Taxation,
Kyiv National University of Trade and Economics 
Ukraine, 02156, Kyiv, 19, Kyoto str.
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ORCID: 0000-0002-3811-683X

CONTROLLED TRANSACTIONS WITH INTANGIBLE ASSETS IN THE CONTEXT OF THE BEPS ACTION PLAN

Background.  The Organization for Economic Co-operation and Development has laun­ched a number of initiatives to solve global tax problem, since there are incon­sistencies and gaps in the international tax legislation. The BEPS Plan is the most signi­ficant of these initiatives.
Analysis of recent researches and publications. The review of scientific articles and publications revealed the relevance of the study of the analysis of the conditions of opera­tions controllability with intangible assets and the choice of transfer pricing method through the identification of potential signs of comparability. 
The aim of the article is to study the approaches to the transfer pricing of intangible assets in the BEPS context in accordance with the concept of their implementation of the "outstretched hand" principle.
Materials and methods. Different methods of scientific knowledge such as analysis, synthesis, deduction and induction, as well as methods of comparison, generalization and systematization have been used in the article. 
Results. Modern tendencies of development of the sphere of intellectual property have been analyzed. The globalization dimension of the processes of intellectual property formation has been studied and the place of Ukraine in these processes is revealed. The main trends of foreign economic transactions with intangible assets are identified. Business transactions with intangible assets for the purposes of transfer pricing are specified. The main measures for the implementation of the BEPS Action Plan in Ukraine are presented. 
Conclusion. It is identified that the results of comparability of the conditions of the controlled operation, the parties to the controlled operations with intangible assets should receive compensation based on the value they create through the performed functions, used assets and risks assumed in the development process, strengthening, maintenance, pro­tection and use of such assets. This necessitates the formation of approaches to the tax admi­nistration of transfer prices, which will ensure the creation of competitive economic relations, the introduction of clear and transparent mechanisms for determining contract prices.
Keywords: transfer pricing, related parties, controlled transactions, BEPS, intangible assets, royalties, international trade in services. 

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