Special consumption tax (SCT) rates applied to cellular phones have been redetermined by the Presidential Decision No. 5431

22 Nisan 2022

With the Presidential Decision No. 5431 published in the Official Gazette dated 19.04.2022, the tax rates for the cellular phones included in the list (IV) attached to the Special Consumption Tax Law No. 4760 were re-determined.

With the change made in the “Sale of Export Proceeds to the Central Bank”, the rate that was previously 25 % has been increased to 40 %

21 Nisan 2022

With the Directive dated 03.01.2022, it became mandatory to sell 25 % of the foreign currency obtained through exports to the Central Bank.

Amending the Communiqué No. 32 on the Protection of the Value of Turkish Currency Communiqué No. 2022-32/66 Entered into Force

20 Nisan 2022

The prominent changes about the contract creation process were made with the Communiqué No: 2018-32/52 in 2018 about the application of Decree No. 32 Regarding the Protection of...

The % 8 VAT rate for staple food has been decreased to % 1 with the Presidential Decree No. 5189

15 Şubat 2022

The % 8 VAT rate for staple food has been decreased to % 1 with the Presidential Decree No. 5189.

The signed agreement between the US and Turkey on the exchange of country-by-country reporting enters into force

15 Şubat 2022

THE SIGNED ARRANGEMENT BETWEEN THE COMPETENT AUTHORITY OF THE UNITED STATES OF AMERICA AND THE COMPETENT AUTHORITY OF THE REPUBLIC OF TURKEY