The Ukraine State Fiscal Service has issued guidance on certain cases where dividend distributions are exempt from advance tax payment. This includes that advance tax is not required on dividends paid in the following cases:
- the amount of dividends paid does not exceed the amount of dividends received (where the amount paid exceeds the amount received, the excess is subject to advance tax);
- dividends are paid by a taxpayer that is exempt from taxation in the period the dividends are paid; o…