The income tax treaty between Sierra Leone and Turkey entered into force on 25 March 2024 according to Presidential Decision No. 8943, which was published in the Turkish Official Gazette on 7 September 2024. The treaty, signed 3 November 2020, is the first of its kind between the two countries.
Taxes Covered
The treaty covers the income taxes and corporate taxes of both countries.
Withholding Tax Rates
- Dividends - 5% if the beneficial owner is a company directly holding at least 25% o…