DOING BUSINESS IN TURKEY
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
38 Doing Business in Turkey<br />
RUSF is calculated over the principal<br />
amount or interest in the use of credits<br />
from domestic or foreign source of<br />
creditor, or the cost of goods imported.<br />
Resource Utilization Support<br />
Fund<br />
The Resource Utilization Support<br />
Fund (RUSF) is one of the funds<br />
established for the promotion of<br />
investments.<br />
RUSF is calculated over the<br />
principal amount or interest in the<br />
use of credits from domestic or<br />
foreign source of creditor, or the<br />
cost of goods imported.<br />
RUSF is collected by Banks and<br />
transferred to the Central Bank.<br />
Following transactions are subject<br />
to RUSF:<br />
• Loans<br />
• Non-cash Loans<br />
• Credit Card Debt Installments<br />
and Credit Card Cash Advance<br />
• Indexed and Other Indexed<br />
Loans<br />
• Funds Funded by Participation<br />
Banks<br />
• Foreign Loans<br />
• Fiduciary Transactions (Faithful<br />
Transactions)<br />
• Pre-financing Loans<br />
• Export Factoring<br />
• Post-financing Loans<br />
Centrum Consulting | 2017
Change language