Ukraine MOF Approves General Tax Consultation on Withholding Taxes for Nonresident Income

The Ukrainian Ministry of Finance March 20 posted Order No. 132, approving a general tax consultation on withholding taxes for nonresidents with income from domestic sources. The order includes that: 1) resident taxpayers, including individuals engaged in independent business activities, business entities under the simplified tax regime, and specified nonresidents who conduct business through a permanent establishment (PE) are subject to a 15 percent withholding tax for Ukraine-sourced income paid to nonresidents, unless otherwise specified by a DTA between Ukraine and the nonresident’s country; 2) this rule doesn’t apply to nonresident income received through a PE; and 3) if a ...