The Verkhovna Rada of Ukraine adopted the Law “On Ratification of the Convention between Government of Ukraine and Government the Republic of Cyprus on Avoidance of Double Taxation and Prevention of Fiscal Evasions with respect to income tax and its Protocol”

Information Department of the Verkhovna Rada of Ukraine Secretariat
04 July 2013, 20:02

The Convention and Protocol, signed on November 8, 2012 in Nicosia, aim at establishing effective bilateral contractual basis for avoiding double taxation and preventing tax avoidance in regard to tax on income in relationships between Ukraine and the Republic of Cyprus. On the moment the Convention comes into force, the Agreement between Government of USSR and Government of the Republic of Cyprus on Avoidance of taxation on income and property, signed in 29/10/1982 is terminated.    

Particularly, the Convention applies to persons that are residents of one or both Contracting States.

The respective bill was registered under No. 0024.