Details of the income and capital tax treaty and protocol between Canada and Turkey, signed on 14 July 2009, have become available. The treaty was concluded in the English, French and Turkish languages, each text having equal authenticity. The treaty generally follows the OECD Model Convention. The maximum rates of withholding tax are: -   20% on dividends in general (Art. 10(2)(b) of the treaty) and 15% if the beneficial owner is a company (other than a partnership) which holds directly shares representing at least 10% of the voting power of the company paying the dividends (Art. 10(2)(a) of the...