Agreement between Syria and Ukraine for the avoidance of double taxation dated 5 June 2003 entered into force on 4 May 2004 (ratified by the Law of Ukraine # 1436-IV dated 4 February 2004).
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 the beneficial owner of the dividends is the resident of the other Contracting State the tax so charged shall not exceed 10% of the gross amount of the dividends.
Article 11 (Interest):
Paragraph 2. Interest may be taxed in the Contracting State in which it arises and according to the laws of that State, but if the recipient, who is the beneficial owner of interest, is the resident of the other Contracting State, the tax so charged shall not exceed 10% of the gross amount of the interest.
Paragraph 4. Notwithstanding the provisions of paragraph 2, interest arising in a Contracting State shall be exempted from tax in that State if it is derived and beneficially owned by the Government of the other Contracting State, a political and administrative subdivision or a local authority thereof.
Article 12 (Royalties):
Paragraph 2. Royalties may be taxed in the Contracting State in which they arise, and according to the laws of that State, but the tax so charged shall not exceed 18% of the gross amount of the royalties.
