Ukraine’s Cabinet has approved a draft law to ratify its income tax treaty with Australia, signed on 16 October 2025 to prevent double taxation and fiscal evasion. The agreement sets maximum withholding tax rates on dividends, interest and royalties, with different application dates for the two countries.
Ukraine’s Ministry of Finance announced on 20 August 2026 that the Cabinet of Ministers had approved a draft law seeking ratification of the income tax treaty with Australia.
The treaty was signed on 16 October 2025. The agreement seeks to prevent double taxation and fiscal evasion between the two nations. It sets maximum source-state tax rates of 5% and 15% for dividends, depending on the recipient’s status; 5% and 10% for interest; and 10% for royalties.
The provision will take effect in Ukraine from 1 January of the year following its entry into force. In Australia, it will apply to withholding taxes from 1 January following its entry into force, to fringe benefits tax from 1 April following its entry into force, and to other taxes from 1 July following its entry into force.
Earlier, Ukraine’s Cabinet of Ministers approved a draft law to ratify the 2025 income tax treaty with Australia on 18 March 2026.
