The income tax treaty between Burundi and Turkey was signed on 10 March 2022. The treaty is the first of its kind between the two countries.
Taxes Covered
The treaty covers Burundian income tax chargeable in accordance with the provisions of the Income Tax Act and covers Turkish income tax and corporate tax.
Withholding Tax Rates
- Dividends - 5% if the beneficial owner is a company directly holding at least 25% of the paying company's capital; otherwise, 15%
- Interest - 10%, with an exemp…