Double Taxation Avoidance Agreement With Turkey

With regard to areas where Turkish double taxation conventions apply, it is important to note that Turkish territory consists of rural and water areas as well as special economic zones where preferential taxes are applied. That is why all double taxation treaties concerning these special economic zones are negotiated. The services provided by a Turkish company abroad or the services offered by a foreign company in Turkey can be included in a double taxation convention providing for two types of services of this type: one of the most important aspects covered by all double taxation agreements signed by Turkey concerns real estate which can take the form of real estate (most of the time). but also forests and land used for agricultural purposes. For example, the OECD model, according to which many of the treaties are developed, stipulates that each signatory member can request a list of taxpayers who carry out business activities in Turkey or abroad. The usual corporate tax on profits is 20% in Turkey. A Turkish company with non-resident shareholders (entities or natural persons) must pay taxes in Turkey and in the country of residence of the shareholders. If, as a local or foreign citizen or investor, you need information about the taxes to be paid in Turkey, our lawyers are at your disposal with detailed information.. . .