Ukraine ratifies MLI to amend tax treaties

by Leonid Karpov, AC Crowe, Ukraine

On March 1 Ukraine’s Verkhovna Rada adopted the President’s bill concerning the ratification of Multilateral Convention to Implement Tax Treaty Related Measures To Prevent Base Erosion And Profit Shifting (MLI).

This ratification allows Ukraine to add language to their existing bilateral tax treaties implementing Action 6 and 14 of the OECD/G20 base erosion profit shifting (BEPS) plan final agreements. Ukraine has pledged to implement these BEPS Action plan items.

–Leonid Karpov is a tax partner at AC Crowe, Ukraine

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