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Ukraine Clarifies Taxation of Gains from the Mandatory Sale of Shares

|Approved Changes|Ukraine
Ukraine

Ukraine's Ministry of Finance has published Order No. 181 of 26 April 2019, which includes general tax guidance concerning the taxation of gains resulting from the mandatory sale of shares in a Ukraine resident joint-stock company at the request of the majority shareholder. The guidance notes that majority shareholders have the right to request that other shareholders sell their shares to the majority shareholder. When such a sale takes place, the resulting income is considered taxable incom…

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