The Verkhovna Rada of Ukraine adopted the Law "On Ratification of the Convention between Ukraine and the Great Socialist People's Libyan Arab Jamahiriya concerning Prevention of Double Taxation and Income Tax Evasion"

18 November 2009, 13:01

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The Convention guarantees 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.

 

The Ministry of Finance of Ukraine and the State Tax Administration shall be the subjects of Convention implementation.

 

A relevant Bill was registered under Reg. No.0148.