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SIGNATURE OF DOUBLE TAXATION CONVENTION |
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Written by Michael Hannon
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Friday, 31 October 2008 12:58 |
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SIGNATURE OF DOUBLE TAXATION CONVENTION BETWEEN IRELAND AND TURKEY Mr Brian Lenihan T.D., Minister for Finance and Mr Kemal Unakitan, Turkish Minister for Finance, signed in Dublin today, 24 October 2008, a Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital Gains. The Convention is expected to have a positive impact on trade and investment between Ireland and Turkey.Commenting on the signing, Minister Lenihan said:
  “The signing of this Convention completes Ireland’s network of bilateral tax agreements with all OECD countries. The Convention represents a significant addition to Ireland’s existing network of double taxation treaties”.
Turkish economic growth has been among the highest in the OECD and there has been substantial growth in both exports and foreign direct investment. The certainty which the Convention brings in relation to taxation of cross-border business and investment activities will greatly assist in stimulating growth in trade and investment between the two countries. |
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Last Updated ( Friday, 01 May 2009 11:01 )
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Message from His Excellency |
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Message from His Excellency Turan Moral, Turkey‘s Ambassador to Ireland: Turkey has been pursuing a continuous economic reform process. Export oriented policies and structural reforms are among the main characteristics of the Turkish economy. As part of this process, Turkey has been experiencing a remarkable progress in terms of foreign trade as both exports and imports have grown rapidly and noteworthy changes in the structure of exports have taken place. Turkeys commitment to the rules and disciplines of the WTO as the founding member of it and the customs union she has with the EU since 1996 are the two major elements that have shaped her foreign trade policy. Moreover, the official negotiations for a full membership of Turkey to the EU commenced in 2005. |
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It is my pleasure, on behalf of the Council members, to welcome you to the Irish Turkish Business Association website. Our mission is to foster the development of economic and cultural links between Ireland and Turkey. We also seek to provide member companies with assistance and support to develop their business opportunities. Please let us have your comments and suggestion about the website via the e mail link below.
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Michael Hannon, Chairman.
Irish Turkish Business Association |
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