Transactain taxes in the Turkish banking sector

The word 'bank' in Turkish was transited from the word 'banco' in Italian and is described as the financial organisation that provides people's, government's and companies' needs in terms of finance; regulates and proceeds all kinds of operations about capital, funds and credits. Banking operations started in the Ottoman Empire period and came until today with improvements. The banks in Turkish banking sector today are continueing their existance sentenced to provision of law of banking. Banks that mediate the flow of funds in the financial part has big share and importance in todays economy. The Turkish banking sector has a lot of liabilities like taxes. Government always needs this tax incomes this is why banks are the most constant sources for them. While some of tax liabilities of banks are reflected to customers, a large part of them are stay on the banks. Transaction taxes in this liabilities are seen the cost factor for the banks that mediate the flow of funds. Transaction taxes that are seen the cost factor by the banks effect on banks and it is also important for the banks. In Turkey a lot of studies is being done on this issue for many years, though in the same transaction taxes are already cause significant impact on the sector by the same laws. Keywords: Bank, Banking, Taxation, Transaction Taxes.