Protocol to the Tax Treaty between Cyprus and Ukraine Signed

According to an announcement published by the Cyprus Ministry of Finance, officials from Cyprus and Ukraine signed a protocol to the 2012 income tax treaty between the two countries on 11 December 2015. The protocol is the first to amend the treaty. It adds a most favoured nation (MFN) clause concerning taxes on interest, dividends, royalties and capital gains. The protocol will come into force not earlier than 1 January 2019, the date that the existing treaty will expire.

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