Turkey: Withholding tax rates on interest income and capital gains
Clearstream Banking1 informs clients that, that the current withholding tax rates applicable on interest income and capital gains on bonds and bills (issued by Ministry of Treasury and Finance of Türkiye) and lease certificates (issued by Asset Leasing Companies established within the scope of Law No 4749), has been extended until 31 July 2025.
This is following the Presidential Decree, no. 9769 and dated 30 April 2025 published in the Official Gazette on 1 May 2025
Impact on clients
The withholding tax rates for the mentioned securities and the related period of acquisition described above are the following:
Acquired between 22.12.2021 – 31.07.2025 (temporary rates) | Acquired before 22.12.2021 | |
Income and earnings from Bonds and bills (issued by Ministry of Treasury and Finance of Türkiye) | 0% | 10% |
Income and earnings from Lease certificates (issued by Asset Leasing Companies established within the scope of Law No 4749) | 0% | 10% |
The withholding tax rates for other securities remain unchanged.
Further information
For further information, please contact the Clearstream Banking Tax Help Desk, Clearstream Banking Client Services or your Relationship Officer.
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1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42 avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG clients using the Creation platform), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, and registered in Register B of the Amtsgericht Frankfurt am Main, Germany, under number HRB 7500.