Turkey Extends Tax Deadline for Bonds and Certificates to End of 2026

Turkey has extended the withholding tax deadline for key public debt instruments, a move signed by President Erdoğan and published in the Official Gazette. The decision prolongs the application of current withholding tax rates on income derived from government bonds, treasury bills, and public lease certificates until December 31, 2026.

This extension ensures that investors continue to benefit from the existing tax advantages for Turkish lira-denominated public debt instruments. The measure, which was set to expire on June 30, will now apply to income and gains from these securities issued from July 1 onwards, maintaining the same favorable conditions.

The decision aims to support investor confidence and encourage continued investment in the country's public borrowing instruments. By preserving the current tax structure, the government seeks to provide stability and predictability for the market, as reported by BirGün.