The 9th Chamber of the Council of State’s Decision dated October 15, 2018 No. 2014/400 K. 2018/6214 stated that there is no restriction or determination in relation to international institution loans in the law, but before the law was amended through Article 30 of the Law No. 5035, the law required the lender to be a credit institution to benefit from the stamp tax exemption. The amendment removed this requirement by adding “international institutions” to the article, and accordingly the scope of the exemption was broadened; within this scope, international holding institutions comprising group companies should also be considered international institutions for stamp tax exemption purposes.
