According to a recent announcement, the Ukraine government has approved and resubmitted legislation to parliament for the ratification of the pending income tax treaty with Malta. The treaty, signed 4 September 2013, is the first of its kind between the two countries. Taxes Covered The treaty covers Malta income tax, and Ukraine tax on profits of enterprise and personal income tax. Withholding Tax Rates Dividends - 5% if the beneficial owner is a company directly holding at least 20% of the paying company's capital; otherwise 15% Interest - 10% Royalties - 10% Capital Gains The following capital gains derived by...