The Verkhovna Rada of Ukraine ratified the Agreement between the Government of Ukraine and the Government of the Republic of Singapore regarding Prevention of Double Taxation and Income Tax Evasion, and the Protocol to it"

22 October 2009, 17:53

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The Agreement and the Protocol to it guarantee that the profits gained by the subjects of entrepreneurship of any of the Contractual States from the economic operations at the territory of another Contractual State, and/or dividends, interest and royalty obtained from the sources in another Contractual State are not liable to double taxation.

 

Ratification of the Agreement and the Protocol to it will extend economic cooperation between the countries and facilitate mutual lifting of tax obstacles for the foreign investments and trade.

 

A relevant Bill was registered under Reg. No. 0128.