Agreement between Kuwait and Ukraine for the avoidance of double taxation dated 20 January 2003 entered into force on 22 February 2004 (ratified by the Law of Ukraine # 1012-IV dated 19 June 2003).
Article 10 (Dividends):
Paragraph 2. Dividends may be taxed in the Contracting State of which the company paying the dividends is a resident and according to the laws of that State, but if a resident of the other Contracting State is the beneficial owner of the dividends the tax so charged shall not exceed 5 % of the gross amount of the dividends.
Article 11 (Interest):
Paragraph 1. Interest may be taxed only in the Contracting State of which the beneficial owner of the interest is the resident, according to the laws of that State.
Article 12 (Royalties):
Paragraph 1. Royalties that arise in one Contracting State and are paid to the resident of the other Contracting State may be taxed in that other Contracting State of which the beneficial owner of the royalties is the resident.
Paragraph 2. Royalties may be taxed in the Contracting State of which the company paying the royalties is a resident and according to the laws of that State, but if the beneficial owner of the royalties is a resident of the other Contracting State, the tax so charged shall not exceed 10 % of the gross amount of the royalties in all other cases.
