Signature of Turkey-Congo Tax Treaty

Signature of Turkey-Congo Tax Treaty

On 8 September 2021, the Turkey government released a press release announcing that the tax treaty between the Democratic Republic of the Congo and Turkey has been signed.

The tax treaty was signed on 7 September 2021 and will enter into force when ratification instruments have been exchanged by the two countries. 

According to the press release, the treaty provides for a withholding tax rate of 10% on dividends, interest and royalties. 

We are waiting for the treaty to be published to confirm these details.

 

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