Harking back to the Vodafone India case, the State Tax Service of Ukraine has recently clarified that a non-resident purchaser must withhold tax on capital gains derived by a non-resident seller in the case of a sale of shares in a Ukrainian company.

Increased withholding tax rates in the instances of application of the Convention between the Government of Ukraine and the Government of the UK of Great Britain and Northern Ireland...

Therefore, the Protocol will have effect on and from 1 January 2020.

If a recipient of the dividends does not meet those requirements, the standard 15% rate of the WHT should be applied.

On 21 December 2016, the Parliament of Ukraine introduced new provisions into the Tax Code relating to taxation of interest payments under Eurobonds issued in the form of Loan Participation Notes.

Following delayed signing and publishing, Law No. 466-IX dated 16 January 2020 "On amendments to the Tax Code of Ukraine related to the improvement of tax administration and elimination of technical and logical...

In early January 2018, the Ministry of Finance of Ukraine published a draft law "On Amendments to the Tax Code of Ukraine and Other Regulatory Acts Regarding Criteria for Determination of High Net Worth Individuals".

On 30 October 2019, the Parliament of Ukraine ratified Protocols amending double taxation treaties with the United Kingdom and Cyprus.

On Monday, 12 March, Ukraine and the Netherlands signed an Amending Protocol (the Protocol) to the Double Tax Treaty between the two nations.

It is important that the MLI distinguishes between the date of entry into force and enactment.

On 14 February, the EU Council added four jurisdictions (the British Virgin Islands, Costa Rica, Marshall Islands and Russia) to the list of non-cooperative jurisdictions (Annex I) (the "EU Blacklist").

Ukraine's Ministry of Finance has published draft legislation to implement anti-base erosion and profit shifting (BEPS) measures in Ukraine.

The UK/Ukraine DTT is one of the few income tax treaties within Ukrainian network, which provide for withholding tax exemption for interest.

Dividends are subject to a 5% tax rate if the beneficial owner of the dividends is a company (other than a partnership) which:

Підвищення ставок податку на репатріацію при застосуванні Угоди між урядом Украї