It is envisaged that the tax deduction to be made from the future dividends for the years 2020, 2021 and 2022 from the corporate taxpayers will be received in advance. A corporate tax of 20 percent is still calculated over the earnings of a corporation subject to normal taxation. Afterwards, a dividend withholding tax of 15 percent is applied by the institutions (excluding the distributions to fully taxpayer institutions) over the dividends distributed. In order to ensure the collection security of the taxes arising from the delivery, first acquisition or import of the products subject to SCT, guarantees will be taken from the taxpayers who manufacture, import or sell these products.
Within the scope of the regulation, from taxpayers dealing with the trade of products subject to SCT, up to one million lira from new recruits, to the monthly average of the VAT and SCT amount accrued in the last one year, special taxpayers such as banderol, stamp, barcode, hologram, denomination, stamp, symbol. For products for which labels and signs and national markers must be used, a guarantee can be taken up to the total amount of SCT and VAT required. With the application, it is aimed to collect the debts of those who trade in products subject to SCT and who do not pay their taxes from the guarantee they will show.