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Turkey

|Approved Changes|Turkey
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…

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