OrbitaxOrbitax

Update - Tax Treaty between Iraq and Turkey

|Treaty Development|Iraq-Turkey
Iraq-Turkey

The income tax treaty between Iraq and Turkey was signed on 17 December 2020. The treaty is the first of its kind between the two countries.

Taxes Covered

The treaty covers Iraqi income tax, real estate tax, and income tax on income of foreign contracting companies in Iraq. It covers Turkish income tax and corporate tax.

Service PE

The treaty includes the provision that a permanent establ…

Continue Reading