Updates to Cyprus/Ukraine Double Tax Treaty - December 2019
On 30 October 2019, the Ukrainian Parliament ratified a protocol to make certain amendments to the existing Double Tax Treaty between Cyprus and Ukraine. Cyprus is expected to ratify the protocol before the end of 2019, with the changes therefore anticipated to come into force from 1 January 2020.
The amendments cover the taxation of repatriated dividends, interest and capital gains resulting from the sale of shares, the value of which is mainly derived from immovable properties (at least 50%).
Please read our briefing for more information.