EYEY

Turkiye increases withholding tax rate on dividend distributions from 10% to 15%

|Tax Alerts, National/Federal Taxation, G ...|Turkey
Turkey

  • A Presidential Decree that entered into force on 22 December 2024 increases the withholding tax on dividends distributed by Turkish-resident taxpayer corporations.
  • This change reverses a decrease in the withholding rate enacted three years prior.
 

The withholding tax (WHT) rate on dividends distributed by Turkish-resident taxpayer corporations, within the scope of Article 94 of the Income Tax C…

Continue Reading