The new income tax treaty between Azerbaijan and Turkey was signed on 19 February 2024. Once in force and effective, the new treaty will replace the 1994 tax treaty between the two countries. Taxes Covered The treaty covers Azerbaijani tax on income of physical persons and tax on profit of legal persons. It covers Turkish income tax and corporate tax. Service PE The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishes services through employees or other engaged personnel if the activities continue for the same or connected project within a Contracting Party...