Turkey and Zambia have signed an income tax treaty in Ankara aimed at avoiding double taxation, improving the investment climate and strengthening bilateral economic cooperation.
Turkey’s Revenue Administration announced, on 24 April 2026, that an income tax treaty has been signed with Zambia on 21 April 2026 during the Joint Economic Commission meeting.
Signed in Ankara, the agreement aims to improve the investment environment in both countries and make Turkey and Zambia more attractive for investors.
Under the treaty, the allocation of taxing rights between the two countries is determined with respect to different categories of income, and procedures and principles for eliminating double taxation where income is taxed in both jurisdictions are established.
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 take effect after the exchange of ratification instruments.
