Türkiye: Adjusted tax rate on specified financial transactions
Presidential Decision No. 11263 was published May 1, 2026.
Presidential Decision No. 11263 (published May 1, 2026) amended provisions under the Banking and Insurance Transactions Tax (BITT) to adjust the tax rate applicable under section 34 of the Expenditure Taxes Law No. 6802 on specified financial transactions.
For more information, contact a KPMG tax professional in Türkiye:
Hakan Güzeloğlu | hguzeloglu@kpmg.com