Regulations of the Convention aim at elimination of double taxation, prevention of income and capital tax evasion, and mutual elimination of tax obstacles to the foreign investments and trade. The Convention also guarantees that the national persons of one Contractual State will be taxed at the territory of another Contractual State under the same conditions as the national persons of the country of residence.
A relevant Bill (№ 0049) was registered at The Verkhovna Rada of Ukraine.
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