OrbitaxChanges to withholding tax rates on interest paid to non-resident companies
|Approved Changes|Turkey
On 3 February 2009, the Official Gazette No. 27130 published Decree of Council of Ministers No. 2009/14593 amending the withholding tax rates on interest paid to non-resident companies. The new withholding tax rates effective as of 3 February 2009 are summarized below.
Interest on credits from non-resident corporations
Previously, the zero rate applied, inte…
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