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Ukraine Issues Guidance on the Taxation of the Contribution of Shares in a Resident Company to the Authorized Capital of Another Resident Company

|Approved Changes|Ukraine
Ukraine

The Ukraine State Fiscal Service (SFS) recently issued guidance letter 4998/IPK/99-00-05-06-02-06 regarding the tax treatment of the contribution of a non-resident's shares in an unlisted Ukraine resident company to the authorized capital of another resident company. The letter notes that Ukraine source income of a non-resident is generally subject to tax at a rate of 15%. With respect to share…

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