The amending protocol to the 2003 income and capital tax treaty between Ukraine and the United Arab Emirates entered into force on 19 October 2023. The protocol, signed 14 February 2021, is the first to amend the treaty and includes the following changes:

• The preamble is replaced in line with BEPS standards;
• Article 2 (Taxes covered) is updated in respect of Ukraine taxes to replace the "incom…