Bank and insurance transactions tax (BITT) rate for consumer loans is increased from 5% to 10% with the Presidential Decree no: 5729

Yayınlanma Tarihi: 15 Haziran 2022



With the Presidential Decree no: 5729 dated 11.06.2022, subparagraph (ğ) is added to the Decree annexed to the Council of Ministers Decree no: 98/11591. With this new subparagraph, starting from the date 11.06.2022, the BITT rate for the consumer loans provided will be 10%.