The Committee on Foreign Affairs recommends that the Parliament ratifies the Convention between the Government of Ukraine and the Government of Hashemite Kingdom of Jordan regarding Prevention of Double Taxation, Income and Capital Tax Evasion, and the Protocol to the Convention

24 June 2008, 15:01

The Bill (Reg. No.0050) envisages ratification of the Convention, pursuant to which, profits of the subjects of entrepreneurship of both Contractual Parties received from economic operations at the territory of the Contractual State, and/or dividends, interest and royalties obtained from sources in the other Contractual State are not subject to double taxation.

 

Ratification of the Convention and the Protocol will extend economic cooperation between the countries, and create favourable conditions for promotion of Ukrainian-Jordanian economic relations.