Convention between USA and Ukraine for the avoidance of double taxation dated 4 March 1994 entered into force on 5 June 2000 (ratified by the Law of Ukraine # 180 dated 26 May 1995).
Article 10 (Dividends):
Paragraph 2. Dividends may be taxed in the first Contracting State, and according to the laws of that State, but the tax so charged shall not exceed:
(a) 5% of the gross amount of the dividends, if the beneficial owner is a company that owns at least 10% of the voting stock (or, if the company does not have voting stock, at least 10% of the authorised capital) and, in the case of Ukraine, non-residents of Ukraine own at least 20% of the voting stock (or, if the company does not have voting stock, at least 20% of the authorised capital);
(b) 15% of the gross amount of the dividends in all other cases.
Article 11 (Interest):
Paragraph 1. Interest derived and beneficially owned by a resident of the Contracting State may be taxed only in that State.
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 if the beneficial owner is a resident of the other Contracting State the tax so charged shall not exceed 10% of the gross amount of the royalties.
