According to an announcement from the Austrian Ministry for European and International Affairs, the income and capital tax treaty between Austria and Turkmenistan will enter into force on 1 February 2016. The treaty, signed 12 May 2015, will replace the 1981 income and capital tax treaty between Austria and the former Soviet Union, which currently applies in respect of Austria and Turkmenistan. Taxes Covered The treaty covers Austrian income tax, corporation tax, land tax, the tax on agricultural and forestry enterprises, and the tax on the value of vacant plots. It covers Turkmen profits tax, individual income tax, and property...