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Cyprus and Ukraine concluded a Protocol which amends the current
double tax treaty between the two countries.
The protocol is expected to come into effect the earliest on the
1st of Janauary 2019 when the current treaty will come to its
end.
The Protocol provides for more favorable terms in regards to
taxes on interest, royalties, capital gains and dividends. This is
a positive development which is expected to further promote the
cooperation and financial links between Cyprus and Ukraine.
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