Numara : 1
Tarih : 1.1.2022


NO: 2022/1

Subject: Withholding tax on profit distribution reduced to 10%

Presidential Decree No. 4936 related to withholding tax applicable on dividend payments was published in the Official Gazette dated December 22, 2021.

As it is known, no withholding tax is imposed on dividends paid to a resident company. On the other hand, dividends paid to a resident or non-resident individual, or a non-resident company, were subject to a 15% withholding tax within the scope of Article 94 of the Income Tax Law and Articles 15 and 30 of the Corporate Tax Law.

With the Decree, the withholding tax applicable on dividend payments has been reduced to 10% from 15% effective from December 22, 2021.


Yours sincerely,

Deloitte Turkey

This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the “Deloitte Network”) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on this communication.


© 2022 Deloitte Global Services Limited