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Protocol to Tax Treaty between Austria and Ukraine to be Signed

20 December 2017

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Treaty Development

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Austria-Ukraine

On 13 December 2017, the Ukraine government approved for signature an amending protocol to the 1997 income and capital tax treaty with Austria. Changes that will be made by the protocol include: An increase in the dividends withholding tax rate from 10% to 15%; An increase in the interest withholding tax rate from 2% to 5%; An increase in the royalties withholding tax rate for patents, trademarks, industrial design, plans, models, product formulas or processes from 0% to 5%; An increase in the royalties withholding tax rate for the copyright of literary works and artworks, including cinema, from 5% to...