How are pensions taxed under the Luxembourg-Turkey tax treaty?
Under the Luxembourg-Turkey tax treaty, private pensions are generally taxable only in the country of residence — meaning no withholding tax applies at source (0%). This is favorable for retirees who have moved between the two countries, as their pension income will not be subject to double taxation. Government pensions may have different rules under a separate treaty article. This 0% rate compares to a median of 0% across Luxembourg's 27 active treaty partners, and 0% across Turkey's 37 active partners.
Network Comparison
Luxembourg
Rank 25 of 27 active treaties (lowest rate = #1)
Lower rates with: Poland (0%), Sweden (0%), Singapore (0%)
Higher rates with: United States (0%), South Africa (0%)
Turkey
Rank 23 of 37 active treaties (lowest rate = #1)
Lower rates with: Italy (0%), Japan (0%), South Korea (0%)
Higher rates with: Malaysia (0%), Netherlands (0%), New Zealand (0%)