The Ukrainian President signed a law to ratify the income tax treaty with Luxembourg on 3 April 2017.
The Convention between two states was signed as long ago as on 6 September 1997, but has not been ratified until now. On 30 September 2016, parties amended several provisions of the Convention by the Protocol, including articles regarding taxation of dividends, interest and royalties. Luxembourg ratified the amended Convention on 23 December 2016.
The Convention will apply to taxes chargeable and income derived on or after 1 January 2018.