Ukraine Publishes Guidance on Exemptions from Advance Tax Payments on Dividends

Guidance was recently published from Ukraine's State Tax Service regarding different exemptions from the advance tax on dividend payments (18%). This includes an exemption for the following payments:

• Dividends paid to shareholders of a parent company not exceeding the amount of dividend income received by the parent company from other sources, with any excess subject to advance tax;
• Dividends paid out of income that is exempt from taxation, up to the exempt income amount in the period in whi…