Turkey: Validity of temporary Article 67 of Income Tax Law extended
Clearstream Banking1 would like to inform customers that effective
17 November 2021
the validity of temporary Article 67 of Turkish Income Tax Law has been extended until 31 December 2025.
Temporary Article 67 was added to the Turkish Income Tax Law on 1 January 2006 and was to expire on 31 December 2020. Temporary Article 67 governs the current withholding tax system for the taxation of income and gains from equities and debt securities.
The law to extend the validity of temporary Article 67 until end of December 2025 was published in the Official Gazette (No. 31307), dated 17 November 2020.
Impact on customers
The current Turkish withholding tax regime implemented on 1 January 2006 will remain applicable until 31 December 2025.
For further information, please contact the Clearstream Banking Tax Help Desk, Clearstream Banking Client Services or your Relationship Officer.
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 customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.