Ukraine, Luxembourg to sign convention on avoiding double taxation

The convention between Ukraine and Luxembourg will be signed shortly, Ukrainian President Petro Poroshenko said at a joint press conference with Prime Minister of Luxembourg Xavier Bettel, who is now on a working visit to Ukraine.

“As for the bilateral relations, I would like to note the significant progress that we have demonstrated in achieving a compromise on the implementation of the Convention for the avoidance of double taxation with Luxembourg. For technical reasons, we did not have time to prepare the signing ahead of the visit. We agreed that it will be signed shortly,” said the head of state.

The President said that Luxembourg Presidency of the Council of the European Union would play a historic role. In December, the Council will provide its conclusion on the liberalization of visa regime with Ukraine. “I am hopeful that the conclusion will be positive for us,” the Head of State stressed.