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E2 Treaty Countries Taxation

E2 Treaty Countries Taxation

Product Name	Turkey Taxation Montenegro Taxation Grenada Taxation
Product Image
Price
Our Rating	7.1 8.3 8.6
Brand	Turkey Montenegro Grenada
Category	Tax Jurisdiction Tax Jurisdiction Tax Jurisdiction

Investment Basis


Currency	Türk Lirası EUR Eastern Caribbean Dollar
Accounting Principles	IFRS IFRS, GAAP, UCA, Parent company IFRS, Parent company
Individual Worldwide Tax Basis	Deemed a domiciled resident, or resident having a minimum of 183 stays in a year. Deemed a domiciled resident, or resident having a minimum of 183 stays in a year. Deemed a domiciled resident, or resident having a minimum of 183 stays in a year.
Fast Track Citizenship

Individual Taxation


Starting Taxable Income	18,000 1 1
Starting Income Tax Rate	15% 9% 10%
Highest Income Tax Rate	40% 9% 28%
No Individual Capital Gain Tax

Inheritance, Gift, Net Worth, Dividend, Interest Taxation


No Net Worth Tax
No Gift Tax
No Inheritance Tax
Dividend Tax	15% Combined income 0%
Interest Tax	0%-15% Combined income 15%

Corporate Taxation


Income Tax Rate	22% 9% 28%
Branch Tax Rate	22% 9% 28%
No Capital Gain Tax

Withholding Taxation for Nonresidents


Dividends (Company)	15% 9% 0%
Interest (Company)	0%/15% 9% 15%
Royalties (Company)	20% 9% 15%
Fees for Technical Services (Company)	20% 9% 15%
Dividends (Individual)	15% 9% 0%
Interest (Individual)	0%/15% 5% 15%
Royalties (Individual)	20% 9% 15%
Fees for Technical Services (Individual)	20% 9% 15%

Withholding Taxation for Residents


Dividends (Company)	0% 9% 0%
Interest (Company)	0% 0% 15%
Royalties (Company)	0% 0% 15%
Fees for Technical Services (Company)	0% 0% 15%
Dividends (Individual)	15% 9% 0%
Interest (Individual)	0% 0% 15%
Royalties (Individual)	20% 0% 15%
Fees for Technical Services (Individual)	20% 0% 15%

Real Estate


Stamp Duty	None 1%
Transfer Tax	3% 3% 5%-15%
Real Property Tax	0.1%-0.3% 0.25-1% 0%-0.5%

Value Added Tax


Standard Rate	18% 21% 15%
Reduced Rate	0%/1%/8% 0%/7% 0%/10%/20%