The amending protocol to the double tax agreement between South Africa and Turkey entered into force on 15 July 2017, according to a SARS notification published on 28 July 2017. The protocol was signed at Pretoria on 3 March 2005 to amend the agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Related Posts
Turkey updates clarification on mutual agreement procedure for double taxation
Turkey's Revenue Administration has issued an updated Guideline on the Mutual Agreement Procedure (MAP) for the elimination of double taxation agreements, effective for requests made from 1 January 2022. The guideline is available in both Turkish
Read MoreTurkey, Lesotho conclude initial tax treaty negotiations
Officials from Turkey and Lesotho met in Ankara to negotiate for a tax treaty between 26 t– 29 November 2024, according to the release, The negotiations were conducted under Mehmet Arabaci, Deputy President of the Turkish Revenue
Read MoreEU proposes permanent digital trade certificates with Turkey
The European Union (EU) proposed a new measure to solidify the use of electronic A.TR movement certificates in its customs partnership with Turkey on 29 November 2024. Originally introduced during the COVID-19 pandemic as a temporary solution to
Read MoreSouth Africa: SARS clarifies tax allowances, deductions for renewable energy generation assets
The South African Revenue Service (SARS) has released a guide “Guideline on the on Allowances and Deductions Relating to Assets Used in Generation of Electricity from Specified Sources of Renewable Energy” on 23 November 2024. It provides
Read MoreTurkey reduces tax exemption on long term capital gains
The Revenue Administration of Turkey has announced the decision (Presidential Decision No. 9160) to reduce the tax exemption on capital gains from the sale of participation shares, held for at least two years, from 75% to 50%. This adjustment
Read MoreSouth Africa: SARS updates interest rate tables, reduces all rates
The South African Revenue Service (SARS) has published updated interest rate tables on 22 November 2024. Interest rates charged in terms of the legislation administered by SARS are split into three main categories, namely: interest charged on
Read More