Individual - Foreign tax relief and tax treatiesLast reviewed - 28 December 2022
Foreign tax relief
Amounts of income tax paid by a resident of Turkmenistan outside of Turkmenistan in accordance with tax laws of that foreign state shall be credited when paying income tax in Turkmenistan. Amounts of such foreign tax to be credited may not exceed an amount of income tax assessed in accordance with the Tax Code of Turkmenistan in respect of the foreign income. In order to claim the credit, the taxpayer shall provide a confirmation of the foreign tax paid issued by the relevant foreign tax or other relevant authority.
In order to apply double tax treaty (DTT) provisions, the non-resident taxpayer of Turkmenistan shall submit to the tax service of Turkmenistan an application as well as a formal tax residency certificate issued by the respective authority of the relevant foreign state.
The countries listed below are considered to have valid tax treaties with Turkmenistan:
|Belgium *||India||Pakistan||United Arab Emirates|
|Croatia||Japan *||Russia||United States *|
|Czech Republic||Kazakhstan||Saudi Arabia||Uzbekistan|
|Estonia||Korea Republic of||Singapore|
* USSR treaties honoured by Turkmenistan.