Withholding Tax
"What withholding taxes apply to payments made from Turkey?"
Quick Answer
For dividends covered by the domestic rule for nonresident corporate recipients, withholding is 15% from 22 December 2024 under Decision No. 9286. A lower treaty rate depends on the recipient and applicable treaty conditions. Royalties, interest and service payments have separate classifications and rates.
Scope and Legal Distinctions
Withholding is determined by the payment category, recipient status and domestic rule before applying any treaty relief. Dividend withholding and corporate tax on profits are separate taxes.
What to Check in Practice
For covered dividends to nonresident corporate recipients, the domestic rate is 15% from 22 December 2024 under Decision No. 9286. Check residence, beneficial ownership and the actual treaty conditions before using a reduced rate; interest, royalties and services require their own classification.
Sources & Authorities
Statutory framework and official guidance for this definition.
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