On 6 June 2018, Ukraine's Cabinet of Ministers approved for ratification the pending protocol to the 1993 income and capital tax treaty with the UK. The protocol, signed 9 October 2017, is the first to amend the treaty and will enter into force once the ratification instruments are exchanged. It includes several amendments to the treaty, including treaty-related provisions coming out of the BEPS project and increases in the withholding tax rates on dividends, interest, and royalties (previous coverage).
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