[su_expand height=”80″ link_color=”#9e872c” link_style=”button” link_align=”right” more_icon=”icon: angle-down” less_icon=”icon: angle-up”]The preferred tool of Ukrainian business (The convention of the former Soviet Union and Cyprus on the avoidance of double taxation of October 29, 1982) became the legend.
4 July 2013, the Ukrainian Parliament ratified convention between the governments of Ukraine and Cyprus on avoiding double taxation and preventing income tax evasion and its protocol, which were signed in Nicosia, Cyprus, on November 8, 2012. 244 Members of the Parliament supported the decision.
The New DTA will be applicable for taxation of the income beginning from 2014.