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Form 1042-S
Tax & Turkey
An annual statement a broker or other payer sends to foreign persons who received US-source income.
It shows the gross income paid during the year, such as dividends, the withholding rate applied and the amount of US tax withheld. It is sent by March 15 each year. In the Turkish tax return it serves as evidence of the tax already paid abroad. Rates and thresholds can change; check with a tax adviser.
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