|
Jaresko: Ukraine, Cyprus agree to revise taxation agreement
16.07.2015 12:36 "Agro Perspectiva" (Kyiv) —
Ukraine and Cyprus have agreed to review bilateral agreements on taxation to prevent the withdrawal of capital to offshore zones, NRCU says referring to the Ukrainian Finance Minister Natalie Jaresko Facebook report.
«After very lengthy negotiations, weve finally taken an important step in the fight against capital withdrawal to offshore zones: we have with the government of Cyprus to revise the rates within the convention concerning double taxation avoidance with the country. These conditions of taxation correspond to the recommendations of the tax OECD (the Organization for Economic Cooperation and Development),» she wrote on Facebook.
As to an earlier report, the draft guidelines of the Budget policy of Ukraine for 2016 (the Budget resolution), submitted by the Ukrainian Cabinet to the Parliament, stipulate that one of the priorities in the Ukrainian tax policy is preventing income and capital tax evasion via negotiations with foreign countries on international treaties on double taxation avoidance, as well as amending the existing treaties, in particular those with Cyprus, Switzerland, Luxembourg and the Netherlands.
Also available:
|
| |
|
|