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Update - Tax Treaty between South Korea and Turkmenistan

|Treaty Development|Korea, Rep of-Turkmenistan
Korea, Rep of-Turkmenistan

The income tax treaty between South Korea and Turkmenistan was signed on 13 April 2015. The treaty is the first of its kind between the two countries.

Taxes Covered

The treaty covers Korean income tax, corporation tax, special tax for rural development, and local income tax. It covers Turkmen tax on profits (income) of juridical persons and tax on income of individuals.

Service PE

The tre…

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