Australia’s first ever tax treaty with Ukraine

The AFUO warmly welcomes the Albanese Government’s announcement of Australia’s first-ever tax treaty with Ukraine, signed by Treasurer Jim Chalmers MP and Ukraine’s Minister of Finance Sergii Marchenko.

This landmark agreement is a major win for both nations:

Boosts two-way trade and investment
Reduces withholding tax rates
Improves certainty and lowers compliance costs
Supports post-war reconstruction efforts in Ukraine
Sends a powerful message of solidarity with Ukraine

The AFUO proudly advocated for this outcome in our April 2024 submission to Treasury, calling for the establishment of a bilateral tax treaty as a priority.

This treaty is not only a practical step forward – it’s a powerful symbol of Australia’s commitment to Ukraine’s future.

#AFUO #AustraliaUkraine #TaxTreaty #StandWithUkraine #EconomicPartnership #UkraineReconstruction #TreasurerAnnouncement #AustraliaSupportsUkraine