Turkey has expanded its global fiscal network to 107 countries following the signing of a double taxation agreement with Zambia. Finalized during a Joint Economic Commission meeting in Ankara, the treaty aims to bolster bilateral investment by capping tax rates on dividends, interest, and royalties.
Turkey’s Revenue Administration announced on 11 May 2026 that an income tax treaty has been signed with Zambia, bringing the total number of tax treaties concluded by Turkey to 107.
The agreement was signed on 21 April 2026 during the Joint Economic Commission meeting in Ankara. It is intended to improve the investment environment in both countries and enhance their attractiveness to investors.
Under this framework, the taxing rights of the source country are limited to certain rates with regard to dividends, interest, royalties, and fees for technical services.
The treaty will enter into force once the ratification instruments have been exchanged.
