Angola, Ukraine discuss potential tax treaty

07 November, 2024

Minister of Foreign Affairs of Ukraine Andrii Sybiha was received in Luanda by President of the Republic of Angola João Lourenço, to further the dialogue between the Angolan leader and President of Ukraine Volodymyr Zelenskyy on 25 October

See More

Australia and Ukraine negotiating income tax treaty

04 November, 2024

The delegations from Australia and Ukraine convened for the inaugural round of negotiations on an income tax treaty from 8 October to 11 October 2024. The agreement will eliminate double taxation concerning taxes on income, capital, fringe

See More

Ukraine and Oman discuss bilateral relations and income tax treaty

04 November, 2024

Ukraine's Ministry of Foreign Affairs has reported that officials from Oman and Ukraine met on 23 October 2024 to discuss bilateral relations, including finalising an income tax treaty. During his visit to the Sultanate of Oman, Minister of

See More

Ukraine clarifies corporate tax rules for German entities under transfer pricing provisions

09 October, 2024

The Ministry of Finance of Ukraine has issued a clarification concerning the corporate taxes of the Federal Republic of Germany and their relevance to Ukrainian tax law, particularly in the context of transfer pricing regulations on 30 September

See More

Ukraine: Multilateral Agreements for Exchange of CbC Reports, Financial Account Information Under CRS enters into force

27 September, 2024

The multilateral component authority agreements for the exchange of Country-by-Country Reports (CbC MCAA) and for the exchange of financial account information under the Common Reporting Standard (CRS MCAA) has entered into force in Ukraine. The

See More

Ukraine to align tax legislation with OECD standards

25 September, 2024

Representatives of the Ministry of Finance of Ukraine and State Tax Service of Ukraine announced that the country will align its tax legislation with OECD standards. Representatives of Ukraine at the invitation of the Organisation for Economic

See More

Singapore recognises MCAA-CbC international tax compliance agreement with Ukraine

25 September, 2024

Singapore has officially recognised the Multilateral Competent Authority Agreement (MCAA) on the Exchange of Country-by-Country (CbC) Reports with Ukraine as an international tax compliance agreement, it was published in Order No. S 731 on 20

See More

Ukraine approves 2025 draft budget: Prioritises defence, security 

17 September, 2024

Ukraine’s government approved the draft budget for 2025, on 13 September 2024, which prioritises defence and security spending, said Ukraine’s Prime Minister Denys Shmyhal on his official Telegram channel. Defence spending will increase to at

See More

IMF Report Looks at Ukraine’s Economy

11 September, 2024

On 10 September 2024 the IMF and the Ukrainian authorities reached agreement on the Fifth Review of the four-year Extended Fund Facility (EFF) Arrangement, subject to approval by the IMF Executive Board. The statement issued by the IMF noted that

See More

Ukraine: MCAA CbCR agreement comes into force

11 September, 2024

The Ukrainian Ministry of Finance issued a reminder about the commencement of the Multilateral Competent Authority Agreement (MCAA) on the Exchange of Country-by-Country Reports (CbCR) on 2 September 2024. Ministry of Finance of Ukraine reminds

See More

Montenegro and Ukraine initial new income tax treaty to replace 2001 agreement

05 September, 2024

Montenegro and Ukraine officials reportedly concluded the second round of negotiations by initiating an income tax treaty on 28 August 2024. This agreement, which will replace the 2001 tax treaty established between Ukraine and the former

See More

Guatemala, Ukraine to continue FTA negotiations

27 August, 2024

Ukraine's Ministry of Economy announced that Guatemala and Ukraine will continue negotiations for a free trade agreement (FTA) and deepening bilateral economic cooperation  on 17 August 2024. This was agreed upon in a meeting in the Dominican

See More

Turkey approves free trade agreement with Ukraine

20 August, 2024

Turkey has approved the free trade agreement with Ukraine, according to the country's official gazette No. 32620 on 2 August 2024. The agreement was signed on 3 February 2022 and was later approved by President Recep Tayyip Erdogan, along with

See More

Ukraine enacts ‘White Business Club’ law

14 August, 2024

Ukraine’s President Volodymyr Zelenskyy signed Law No. 11084 enacting the “White Business Club”. This legislation amends the Tax Code of Ukraine and introduces several tax incentives and benefits for taxpayers exhibiting a strong commitment to

See More

Ukraine: MCAA for financial data exchange enters into force

13 August, 2024

Ukraine's Ministry of Foreign Affairs published Letter No. 72/14-612-106482, on 5 August 2024, stating that the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (MCAA) entered into force for Ukraine

See More

Ukraine, Mauritius to negotiate first income tax treaty

12 August, 2024

Officials from Ukraine and Mauritius met to discuss strengthening cooperation and agreed to start negotiations for an income tax treaty, according to a release published by the Ukrainian government. “Today in Port-Luis, I was honoured to be

See More

Ukraine clarifies residence certificate requirements for withholding tax exemptions

18 July, 2024

The State Tax Service of Ukraine has issued new guidance detailing the requirements for residence certificates needed to claim withholding tax exemptions or reductions under tax treaties. The guidance is  for tax agents making income payments to

See More

Ukraine extends tax statute limitations for non-residents

10 July, 2024

The State Tax Service of Ukraine released a notice announcing the extension of the statute of limitations for documents and information necessary for tax control to 2,555 days (seven years), according to Articles 39 and 39, Paragraph 141.4 –

See More