Convention between Spain and the USSR for the avoidance of double taxation dated 1 March 1985 entered into force on 7 August 1987. Ukraine honours the Convention.
Article 8 (Dividends):
Paragraph 1. Dividends paid by a resident of a Contracting State to a resident of the other Contracting State may be taxed in that other State. However, such dividends may also 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 dividends.
Article 9 (Interest):
Paragraph 1. Interest arising in a Contracting State and paid to a resident of the other Contracting State shall be taxable only in that other State.
Article 7 (Royalties):
Paragraph 1. Royalties arising in a Contracting State, whose beneficial owner is a resident of the other Contracting State, may be taxed in that other State. However, such royalties may be taxed in the Contracting State in which they arise and according to the law of that Contracting State, but the tax so charged shall not exceed 5% of the gross amount of the royalties.
Paragraph 3. Notwithstanding the provisions of paragraph 1 of this Article, royalties arising in a Contracting State and paid to a resident of the other Contracting State for the use of or the right to use any copyright of literary, dramatic, musical or artistic work (excluding royalties concerning cinematographic films or any means of image or sound reproduction for use in radio or television broadcasting) shall be taxable only in that other Contracting State.
