The convention between the Government of the Azerbaijan Republic and the Cabinet of Ministers of Ukraine on avoidance of double taxation and prevention of tax avoidances on the income and property

of July 30, 1999

The government of the Azerbaijan Republic and the Cabinet of Ministers of Ukraine, wishing to sign the Convention on avoidance of double taxation and prevention of tax avoidances on the income and on property, and confirming the aspiration to development and deepening of the mutual economic relations,

agreed about the following:

Article 1. Persons to whom the Convention is applied

This Convention is applied to persons which are residents of one or both Contracting States.

Article 2. Taxes to which the Convention extends

1. This Convention is applied to the taxes on the income and property levied on behalf of the Contracting State or its political and administrative or territorial and administrative division, or local authorities irrespective of method of their collection.

2. All taxes levied from total of income and property value or from income elements including taxes on the income from alienation of personal or real estate and taxes on the total amount of the salary and the salary paid by the company are considered as taxes on the income and on property.

3. The existing taxes to which this Convention extends, in particular, are:

a) in the Azerbaijan Republic:

I) income tax of the companies and organizations;

II) the income tax from physical persons;

III) property tax;

(the hereinafter referred to as "Azerbaijani tax");

b) in Ukraine:

I) income tax of the companies; and

II) the income tax from citizens;

(the hereinafter referred to as "Ukrainian tax").

4. This Convention extends also to any identical or in essence similar taxes which will be levied by one of Contracting States after signature date of this Convention, in addition to or instead of the existing taxes of this Contracting State, Competent authorities of Contracting States notify each other on any essential changes which will happen in their legislations concerning the taxation.

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