In Re (#04 April 2010)

Royalty Payments: Some Things to Consider when Importing Goods

Yuliya A. Nogovitsyna, Iurii G. Tsvietkov

Royalties are sometimes used by Ukrainian businesses and subsidiaries of multinational corporations as a rather tax efficient profit repatriation tool. They are generally tax deductible, not subject to VAT, and can be exempt from WHT if properly structured…

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