OrbitaxTurkey
|Approved Changes|Turkey
Withholding tax rates on interest income modified
On 1 January 2013, the Official Gazette No. 28515 published Decree No. 2012/4116 of the Council of Ministers, which modifies the withholding tax rates applicable on:
| - | interest income derived from deposit accounts(except interest paid between resident banks), | |
| - | profit shares received from intere… |