DT19108 - Particular agreements: Turkey: Tax Sparing

The agreement provides for credit to be given for `tax spared' (see DT701) in Turkey under the Turkish laws set out in Article 23(2). Relief is, however, restricted to tax spared in Turkey for a period of ten years in respect of any one source of income. Amounts of `tax spared' for which relief is given should be reported as mentioned at DT703.