The State Tax Service (STS) of Ukraine has issued guidance on the taxation of insurance payments (insurance premiums/claims/indemnities) to non-residents within the scope of insurance or reinsurance contracts, including life insurance. While taxable Ukraine source income is generally subject to withholding tax at a rate of 15%, the following rates are provided for insurance payments:
- 0% on payments made for the benefit of non-resident individuals, as well as on payments under insurance contracts within the system of international “Green Card” agreements and under civil aviation passenger insurance contracts;
- ….
Source Orbitax
Latest Posts in "Ukraine"
- Ukraine: VAT Changes for Cross-Border Parcel Sales in 2027
- Ukraine Adopts New VAT Rules for E-Commerce Imports
- Ukraine: VAT Rules for Defective Goods Returns and Reassigned Advance Payments
- Ukraine Clarifies VAT Rules on Warranty Repairs and Product Returns
- Ukraine Exempts Defense Goods Supply Transactions from VAT
