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Ukraine Clarifies Taxation of Gains from the Alienation of Shares under Tax Treaty with Russia

|Treaty Development|Ukraine-Russia
Ukraine-Russia

The Ukraine State Fiscal Service has recently published an individual consultation concerning the taxation of capital gains derived from the alienation of shares in a Ukraine limited liability company by a Russian resident where the shares were originally issued in exchange for a capital contribution in the form of immovable property in Ukraine. The letter notes that under domestic law, capital…

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