NEWSLETTER-2020-metin

304 NEWSLETTER 2020 In addition to this, the withholding tax in the rate of 15% envis- aged by the regulation will essentially be a one-side withholding tax that companies will make themselves. Therefore, it is open to discus- sion whether the said regulation is a tax security institution in the real sense as it is stated in the justification of the article. Finally, the calculation method of the 2 years’ time period in- dicated in the Law and the application of this new withholding tax regime between full liable taxpayers should be clarified.