Convention between Egypt and Ukraine for the avoidance of double taxation dated 29 March 1997 entered into force on 27 February 2002 (ratified by the Law of Ukraine # 499 dated 17 March 1999).
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 recipient is the beneficial owner of the dividends the tax so charged shall not exceed 12% 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 is the beneficial owner of the interest the tax so charged shall not exceed 12% of the gross amount of the interest.
Paragraph 7. Notwithstanding the provisions of paragraph 2 of this Article interest arising in a Contracting State shall be exempt from tax in that State if it is paid:
a) by that Contracting State, its Central Bank, political-administrative subdivision or local authority;
b) to the other Contracting State, its Central Bank, political-administrative subdivision or local authority;
c) on any debt-claims or loans guaranteed, insured or financed by a Contracting State, its Central Bank, political-administrative subdivision or local authority.
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 recipient is the beneficial owner of the royalties the tax so charged shall not exceed 12% of the gross amount of the royalties.
