On 30 October 2019, the Parliament of Ukraine ratified Protocols amending double taxation treaties with the United Kingdom and Cyprus.
The Protocol on amendments to the Agreement on the Avoidance of Double Taxation between Ukraine and the United Kingdom, signed on 9 October 2017, provides for:
The Protocol on amendments to the Agreement on the Avoidance of Double Taxation between Ukraine and Cyprus was signed on 11 December 2015 and later ratified by Cyprus. It provides for:
The amendments contemplated by the said Protocols will become effective following the notification by each party to the other of the completion of the relevant internal state procedures for ratification of the Protocol by each state. We will continue to monitor the effectiveness of the Protocols and provide further information when available.
Please also note that the Double Tax Treaty between Malaysia and Ukraine, signed in 2016, has been ratified by the Ukrainian Parliament. The qualified withholding tax rates are:
If you would like to know more about the subject covered in this publication, or our services, please contact Olexiy Soshenko or Oleksandr Markov.