Dividend to Turkey

Nearly all our clients are foreign owned companies. Hence we are often confronted with questions about dividend withholding tax. Especially when profits are about to be repatriated from the Dutch company to the foreign shareholder. The tax rules can be quite complex. On top of that new rules in relation to the Dutch dividend withholding tax legislation have been announced for 2018. Unfortunately, the new rules are still subject to amendment.

For one of our Turkish clients, we prepared a practical memo describing the current and future tax aspects of distributing a dividend from a Dutch company to the Turkish corporate shareholder. Due to our advice the client knows now when he should distribute the dividend in order to save Dutch dividend withholding tax.