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Ukraine Clarifies Application of Reduced Withholding Tax Rate for Interest on Loans from Placement of Foreign Debt Securities

|Approved Changes|Ukraine
Ukraine

The Ukraine State Fiscal Service recently published guidance letter 838/6/99-99-15-02-02-15/IPK, which clarifies the application of the reduced withholding tax rate of 5% on interest payments to nonresidents where the funds for the loan/financing were obtained through the placement of foreign debt securities on an approved foreign stock exchange. The letter includes that for this purpose, the …

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