Turkey: Withholding tax rates on interest income and capital gains extended for individuals
Further to announcement A25025, Clearstream Banking1 informs clients 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) have been extended for individual beneficial owners until 31 December 2025.
This is following the Presidential Decree, no. 10154 and dated 31 July 2025, published in the Official Gazette on 1 August 2025.
Impact on clients
The withholding tax rates for individual beneficial owners regarding the securities mentioned and the related period of acquisition as described above remain the following:
Acquired between 22.12.2021 – 31.12.2025 (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 on capital gains for all securities mentioned above are still 0% for non-individual beneficial owners (regardless of their residency).
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 Creation accounts), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500. Clearstream Banking S.A. is registered as an Australian CS (Overseas) Facility, under subsection 824B(2) of the Corporations Act 2001, with registration number ARBN 675 244 783.