The decision to extend the withholding tax support at KKM was published in the Official Gazette

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The decision to extend the withholding tax support at KKM was published in the Official Gazette

The decision to extend the 0 percent withholding tax application in KKM accounts until the end of the year was published in the Official Gazette. The decision to extend the 0 percent withholding tax application in Exchange Rate Protected Deposit accounts until the end of the year was published in the Official Gazette. The application was due to end at the end of this month. WITHHOLDING SUPPORT FOR EXCHANGE PROTECTED DEPOSITS IS EXTENDED TO THE END OF THE YEAR On the other hand, withholding rates that vary according to maturities in other deposit accounts were also fixed. According to the decision published in the Official Gazette, the withholding rates applied to interest accrued on foreign exchange deposit accounts and dividends paid to foreign exchange participation accounts by participation banks as 20 percent and 18 percent according to their maturities were determined as 25 percent for demand deposit accounts, notice deposit accounts, special current accounts, and term deposit accounts.