- BIST10011,798+3.22%
- USD49.58+0.05%
- EUR55.62+0.09%
- GOLD4,136.40-0.15%
- INTEREST37.00%-1.00
- BITCOIN82,728-0.26%
- October 21, 202611°
- BIST10011,798+3.22%
- USD49.58+0.05%
- EUR55.62+0.09%
- GOLD4,136.40-0.15%
- INTEREST37.00%-1.00
- BITCOIN82,728-0.26%
- October 21, 202611°
Withholding tax on institutional investors’ money market funds rises to 10%
The withholding tax rate on earnings from units in money market funds and investment funds whose names include “money market” has been raised to 10%. The measure, adopted through a Presidential Decision, entered into force after being published in the Official Gazette; the 17.5% rate applied to individual investors’ investment fund earnings remains unchanged.
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