Landmark billion dollar transaction by Turkish bank [Akbank] subject to withholding tax

Date: 28 July 2010

Publishers: International Tax Review

Synopsis: Akbank's landmark USD1bn bond sale highlights the ongoing developments in Turkey on the application of withholding tax for foreign and Turkish bond issuers. Ali Şanver comments on the latest debate and provides a table on the withholding tax rates on interest and gains on Turkish securities.

Link: Access the article here

Contributor: Ali Şanver, Partner, Tax


 

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