Ireland and Ukraine signed a Double Tax Agreement on 19 April 2013. This DTA represents an important step in boosting trade relations between Ireland and Ukraine. The treaty will enter into force when the relevant ratification procedures have been completed in both countries.
The definition of a permanent establishment for the purposes of the treaty includes offshore activities in connection with the exploration the seabed or subsoil and the exploitation of their natural resources.
Under the treaty the maximum withholding tax on dividends is 15%, reduced to 5% where the recipient of the dividend has a 25% shareholding in the company paying the dividend. The maximum withholding tax on interest and royalties is 10%.
