Representatives of the Finance Ministry of Ukraine and Luxembourg have initialed the agreement on avoiding double taxation, Deputy Finance Minister Olena Makeyeva said at a roundtable devoted to the new tax reform as a chance for economic development of Ukrainian metal and mining sector held in Kyiv on Sept. 23.
“Yesterday we initialed the agreement with Luxembourg,” she said.
She wrote on her Facebook page that the protocol and draft convention to avoid double taxation with Luxembourg have been initialed. There is a story that the negotiations lasted for 12 years, she wrote.
Deputy Director for relations with public authorities and external communications of public joint-stock company ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) Volodymyr Tkachenko said that the initialing of the agreement is a positive and important moment.
“The office of our company is located in Luxembourg and it is very important for us. I hope that the agreement would be signed and this would relax the attraction of new investment in Ukraine from Luxembourg. We asked the Finance Ministry to accelerate this work, we were heard and we’re thankful for this,” Tkachenko said.
