The income tax treaty between Gambia and Turkey entered into force on 26 January 2018. The treaty, signed 11 February 2014, is the first of its kind between the two countries. Taxes Covered The treaty covers Gambian income tax and corporate tax and covers Turkish income tax and corporation tax. Withholding Tax Rates Dividends - 5% if the beneficial owner is a company directly holding at least 10% of the paying company's capital; otherwise 15% Interest - 10% Royalties - 10% Capital Gains The following capital gains derived by a resident of one Contracting State may be taxed by the...