The first-time income tax treaty and protocol between Thailand and Turkey, signed on 11 April 2002, entered into force on 13 January 2005. The treaty will generally apply from 1 January 2006.
The maximum rates of withholding tax are:
- |
15% on dividends in general and 10% if the beneficial owner is a company (excluding a partnership) holding directly at least 25% of the capital of the company paying the dividends; |
|
- | 15% on i… |