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Turkish Parliament Approves Pending Tax Treaties with Cambodia, Democratic Republic of the Congo, Senegal, and Sri Lanka

01 November 2023

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Treaty Development

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Turkey-Cambodia-Congo (DRC)-Senegal-Sri Lanka

On 26 October 2023, the Turkish Parliament approved the ratification of the pending income tax treaties with Cambodia, the Democratic Republic of the Congo, Senegal, and Sri Lanka. The income tax treaty with Cambodia was signed on 27 February 2022 and is the first of its kind between the two countries. The treaty will enter into force once the ratification instruments are exchanged and will apply from 1 January of the year following its entry into force. The income tax treaty with the Democratic Republic of the Congo was signed on 7 September 2021 and is the first of its...