A. Introduction
With the Presidential Decision numbered 5752 published under the
Official Gazette dated June 28, 2022 and numbered 31880
("Decision"), the period of the
withholding deduction applied to Turkish Lira
("TRY") deposits is extended until
December 31, 2022.
B. Regulations
Pursuant to article 1/1 of the Decision, the periods of
withholding deduction applied to TRY deposits expiring on June 30,
2022, interest rates on time and current deposits, and withholding
rates applied to dividends are extended until December 31,
2022.
In accordance with article 2 of the Decision, the withholding
rate to be applied to income and earnings from the asset-backed
securities, mortgage-backed securities, mortgage guaranteed
securities and asset guaranteed securities issued by mortgage
financing institutions (and the asset financing funds and housing
financing funds founded by these institutions) acquired between
June 28, 2022 and December 31, 2022 is determined as
