This is the first ever income tax treaty between Ukraine and Australia. 

Ukraine’s Cabinet of Ministers approved the signing of an income tax treaty with Australia on 17 September 2025.

The agreement will eliminate double taxation concerning taxes on income, capital, fringe benefits, and withholding tax without creating opportunities for non-taxation or reduced taxation through tax evasion or avoidance between the two countries.

If an income tax agreement results from this negotiation, it will be the first between the two nations and must be finalised, signed, and ratified before it can take effect.