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 res…