Decision on Withholding Rates Specified in Article 67 of the Income Tax Law No. 193 (Decision No: 11107)

Decision No: 11107

A decision has been made to enforce the attached Decision regarding the withholding rates specified in Article 67 of the Income Tax Law No. 193, in accordance with the aforementioned article of the Law No. 193.

March 26, 2026 Recep Tayyip ERDOĞAN PRESIDENT

ANNEX OF THE PRESIDENTIAL DECISION DATED 26/3/2026 AND NO. 11107

ARTICLE 1- The first paragraph of Article 1 of the annex of the Council of Ministers Decision dated 22/7/2006 and numbered 2006/10731 has been amended as follows:

“ii) For the gains obtained from the participation shares of equity funds (excluding the participation shares of free funds that are not traded on the Turkish Electronic Fund Purchase and Sale Platform), for venture capital investment funds and real estate investment funds held for more than two years, the rate is 0%, and for the gains obtained from other investment fund participation shares, the rate is 17.5%,”

b) The second paragraph of item (ç) has been amended as follows:

“ii) For the gains obtained from the participation shares of equity funds (excluding the participation shares of free funds that are not traded on the Turkish Electronic Fund Purchase and Sale Platform), for venture capital investment funds and real estate investment funds held for more than two years, the rate is 0%, and for the gains obtained from other investment fund participation shares, the rate is 17.5%,”

ARTICLE 2- This Decision shall enter into force on the date of publication for the gains obtained from the participation shares of equity-intensive free funds that are not traded on the Turkish Electronic Fund Purchase and Sale Platform, acquired as of the date of publication.

ARTICLE 3- The Minister of Treasury and Finance shall execute the provisions of this Decision.