KIEV, July 8 – The law on transfer pricing passed on July 4 will hinder the outflow of taxable profit to other countries and could positively influence the Ukrainian economy, said Konstantin Karpushin, who heads the Transfer Pricing Group at KPMG Ukraine.

"The law on transfer pricing is intended to hamper the outflow of taxable profits to other countries and ensure the increase in tax payments to the budget. Its impact on the Ukrainian economy should be considered as a positive one," Karpushin said.