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Tax Treaty between Kyrgyzstan and Turkmenistan in Force

11 December 2024

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Treaty Development

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Kyrgyzstan-Turkmenistan

According to a recent update from the Kyrgyzstan State Tax Service, the income tax treaty with Turkmenistan entered into force on 12 November 2019. The treaty, signed 23 August 2018, is the first of its kind between the two countries. Taxes Covered The treaty covers Kyrgyz and Turkmen tax on profits (income) of legal entities and income tax on individuals. Withholding Tax Rates Dividends - 10% Interest - 10% Royalties - 10% Capital Gains The following capital gains derived by a resident of one Contracting State may be taxed by the other State: Gains from the alienation of immovable property...