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  • BITT is Now Applied on FX Transactions
BITT is Now Applied on FX Transactions
15.05.2019
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President’s Decree No. 1106 on collecting Banking and Insurance Transactions Tax from foreign exchange transactions was published in the Official Gazette dated 15 May 2019 and numbered 30775, with immediate effect.

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  • RELEVANT LEGISLATION
  • Banking Law (Law No: 5411)
  • Decree No:32 on Protection of the Value of Turkish Currency
  • Capital Market Law (Law No: 6362)
  • Communiqué on Principles Regarding Investment Services (No III-37.1)
  • SIMILAR INSIGHTS
  • The Major Principles of the Framework Agreement Published for the Restructuring of the Debts to Financial Sector Companies
  • Expanding Role of Central Bank of Turkey in Monitoring FX Positions
  • Communique On The Debt Instruments Included In The Calculation Of Banks’ Total Equity
  • Central Bank Of Turkey Amended Its Articles Of Association For Monitoring FX Currency Positions
  • New System for Monitoring Foreign Currency Positions of Turkish Companies
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