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Withholding tax rates reduced — Orbitax
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Withholding tax rates reduced

|Approved Changes|Turkey
Turkey

By Decree Nos. 2006/11449 and 2006/11447, published in the Official Gazette of 29 December 2006 and of 30 December 2006 respectively, the Council of Ministers has reduced the income withholding tax rates, as described below.

Accordingly, the new income withholding tax rates are as follows:

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