Tuesday, 02 January 2024 12:17 GMT

Turkmenistan-Japan Double Taxation Treaty Takes Effect For Tax Purposes


(MENAFN- Trend News Agency) ASHGABAT, Turkmenistan, January 1. The convention between Turkmenistan and Japan on the avoidance of double taxation entered into force on January 1, 2026, Trend reports.

Under the convention, the rules governing income taxation will apply to taxable years commencing on January 1, 2026, as well as to taxes imposed outside a taxable-year framework from the same date. Provisions regarding the exchange of tax information and assistance in tax collection have been in effect since November 27, 2025.

The double taxation treaty is expected to enhance the investment climate, lower fiscal barriers for businesses, and provide greater legal certainty for companies operating between Turkmenistan and Japan, particularly in critical sectors such as energy, industry, and transportation.

MENAFN31122025000187011040ID1110544636



Trend News Agency

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search