The dividends earned will be taxed in the USA where you are resident. However, if the shareholding in the dividend-distributing company is less than 10%, Türkiye, where the company distributing the dividends is located, may levy a tax of up to 20% on the gross dividend amount. If the shareholding is more than 10%, it will be taxed at the rate according to Turkish domestic legislation. The tax paid in Türkiye can be deducted from the tax calculated on the income to be declared in the USA.

A person other than an individual or a company

Individual

Company