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Ukraine Clarifies Tax Treatment of Discount Income

|Approved Changes|Ukraine
Ukraine

Ukraine's State Fiscal Service (SFS) recently published guidance letter No. 11654/6/99-99-15-02-02-15, which clarifies the tax treatment of discounts provided by a Ukraine resident to a non-resident. According to the letter, discount income is within the scope of taxable income from Ukrainian sources. As such, if discount income is actually paid to a non-resident, such as in the form of a refun…

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