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Protocol to Tax Treaty between Switzerland and Ukraine Signed

|Treaty Development|Switzerland-Ukraine
Switzerland-Ukraine

On 24 January 2019, officials from Switzerland and Ukraine signed an amending protocol to the 2000 income and capital tax treaty between the two countries. The protocol updates the treaty in line with the minimum BEPS standards. According to a release from the Swiss government, the amendments to the treaty include a reduction of the minimum holding percentage from 20% to 10% for the 5% withholding tax rate on dividends, and a reduction in the standard withholding tax rate on interest and roy…

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