Post by amina147 on Mar 9, 2024 3:58:05 GMT -5
The Law was published in the Official Gazette. You can access the original version of the Law on Amendments to the Attorneyship Law No. and the Turkish Code of Obligations published in the Official Gazette hereBSMV Rate Applied to Consumer Loans as has been Increased to The BSMV rate which was applied at for consumer loans was increased to . Except for the transactions carried out by banks and insurance companies in accordance with the Financial Leasing Law the money they receive in cash or on account in their favor under any name due to all their transactions in any way is subject to banking and insurance transactions tax.
In Article of the Expense Taxes Law it is stated that the rate of banking and insurance transactions tax BITT will be and the rate of foreign exchange transactions will be . two per thousand of the base. The President is directed to Austria Phone Numbers List reduce the tax rate specified in this article to separately or together for interbank deposit transactions stock exchange money market transactions between banks and intermediary institutions established in accordance with the Capital Markets Law and other banking and insurance transactions and to zero for foreign exchange transactions.
It is authorized to increase it tenfold in taxable transactions and up to the legal level in other taxable transactions. Based on the said authority BSMV rates were determined by the Council of Ministers Decision No. and BSMV was applied at a rate of on the money received in favor of all other bank and insurance transactions except for transactions in which the rate was determined as and Decree No. published in the Official Gazette dated . the annex to the abovementioned Council of Ministers Decree No. Article of the Decree. The following clause has been added after clause.
In Article of the Expense Taxes Law it is stated that the rate of banking and insurance transactions tax BITT will be and the rate of foreign exchange transactions will be . two per thousand of the base. The President is directed to Austria Phone Numbers List reduce the tax rate specified in this article to separately or together for interbank deposit transactions stock exchange money market transactions between banks and intermediary institutions established in accordance with the Capital Markets Law and other banking and insurance transactions and to zero for foreign exchange transactions.
It is authorized to increase it tenfold in taxable transactions and up to the legal level in other taxable transactions. Based on the said authority BSMV rates were determined by the Council of Ministers Decision No. and BSMV was applied at a rate of on the money received in favor of all other bank and insurance transactions except for transactions in which the rate was determined as and Decree No. published in the Official Gazette dated . the annex to the abovementioned Council of Ministers Decree No. Article of the Decree. The following clause has been added after clause.