Ukraine Gazettes Law Ratifying Protocol to 1996 DTA With Denmark

The Ukrainian Official Gazette June 7 published Law No. 2064-IX, ratifying the protocol to the 1996 DTA with Denmark, signed Feb. 2, 2021. The protocol, which aims to bring the 1996 DTA in line with the OECD Model Convention, includes measures to: 1) update the list of taxes covered by the convention; 2) abolish the zero royalty tax rate in the country that is the source of income; 3) amend the article on the assistance in tax collection; 4) include a new version of the exchange of information provision; and 5) incorporate the right-to-benefit provision, which limits the application of ...