July 31, 2013

Newsletter July 2013


Ratification of Ukraine - Cyprus double tax treaty


The new Double Tax Treaty between Cyprus and Ukraine shall be entered into force as from the 1st January 2014, replacing the existing convention between Cyprus and the former Union of Soviet Socialist Republics dated 29th October 1982.

The Ukrainian Parliament ratified the Convention for the avoidance of the Double Taxation on the 4th July 2013, eliminating the uncertainty that prevailed for some time now regarding the business relationships between the two countries. The cooperation between the two countries that has lasted for many   years is based now on stronger foundations.