On 26 February 2015, the Turkish Council of Ministers approved for ratification the pending income tax treaty with Kosovo. The treaty was signed 10 September 2012, and is the first of its kind between the two jurisdictions.
The treaty covers Kosovo personal income tax and corporate income tax, and covers Turkish income tax and corporation tax.
Both jurisdictions apply the credit method for the elimination of double taxation.
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.