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Tax Treaty between South Korea and Turkmenistan has Entered into Force

|Treaty Development|Korea, Rep of-Turkmenistan
Korea, Rep of-Turkmenistan

The income tax treaty between South Korea and Turkmenistan entered into force on 26 November 2016. The treaty, signed 13 April 2015, is the first of its kind between the two countries.

Taxes Covered

The treaty covers Korean income tax, corporation tax, special tax for rural development, and local income tax. It covers Turkmen tax on profits (income) of juridical persons and tax on income of …

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