Turkey Gazettes Decision Further Extending Reduced Withholding Tax Rates on Foreign Currency Deposit Interest, Dividends

The Turkish Official Gazette Dec. 28 published Presidential Decision No. 8002, further extending the implementation period, to April 30, 2024, from Dec. 31, 2023, for the reduced withholding tax rates on interest and dividend income paid on foreign currency deposit and participation accounts. The decision enters into force the same date. [Turkey, Official Gazette, 12/28/23]

Reference: View Presidential Decision No. 8002 of 12/27/23, Official Gazette No. 32413/2023. View Gazette Index.