Ukraine has published Law No. 2743-IX, which entered into force on 11 December 2022 and provides for the termination of the 1993 income and capital tax treaty with Belarus. As previously reported, consequences of the termination include that the domestic withholding tax rate of 15% will apply on payments to Belarus, instead of the preferential treaty rates. Further, losses to the Ukraine budget will be prevented given that Ukraine will no longer be required to credit taxes paid in Belarus, and Ukraine will no longer be required to exchange tax information with Belarus. As per the terms of the treaty,...