Details of the Brazil - Turkey Income Tax Treaty (2010) and protocol, signed on 16 December 2010, have become available. The treaty was concluded in the Turkish, Portuguese and English languages, each text having equal authenticity. In the case of divergence, however, the English text prevails. The treaty generally follows the OECD Model.
The maximum rates of withholding tax are:
| – | 15% on dividends in general and 10% if … |