The amending protocol to the 1997 tax treaty between Austria and Ukraine entered into force on 25 June 2021. The protocol, signed 15 June 2020, is the first to amend the treaty and includes the following changes:
- The preamble is replaced, including new language regarding treaty abuse developed as part of the BEPS project;
- Article 2 (Taxes Covered) is amended with respect to the Ukraine taxes covered, which includes the replacement of "the income tax on citizens" with "the personal income tax…