Announcement
15 May 2019
On May 15, 2019, the Government of Turkiye amended Banking and Insurance Transactions Tax (BITT) rates imposed on foreign exchange transactions.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
15 May 2019
Revocation date:
06 Dec 2019
Updated: 15 May 2019
Controls on commercial transactions and investment instruments
On May 15, 2019, the Government of Türkiye amended Banking and Insurance Transactions Tax (BITT) rates imposed on foreign exchange transactions. With this regulation, foreign exchange sales will be...
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