Mali Bültenler

Will Turkey implement Pillar 2 rules? 09.05.2024

9 Mayıs 2024 (Yayın Dönemi "09.05.2024")

As known, BEPS 2.0 proposes a two pillar solution

According to the decree published in the Official Gazette, Turkey increased its VAT rates from 18% to 20% and from 8% to 10%. 07.07.2023

7 Temmuz 2023 (Yayın Dönemi "07.07.2023")

Significant tax changes have been made in the Official Gazette published dated 07.07.2023. These changes are listed in the following section in the form of articles.

Executive Summary: Regulations for “Tax Amnesty/Restructuring” that entered into force with Law No. 7440 16.03.2023

16 Mart 2023 (Yayın Dönemi "16.03.2023")

The Law on the Restructuring of Certain Receivables, also known as “Tax Amnesty” or “Tax Restructuring” entered into force with its publication in Official Gazette No. 32130 on March 12, 2023. Tax Amnesty/Restructuring regulations (restructuring of receivables, voluntary tax base and tax increase and correction of company accounts) will be the subject of this Bulletin.

VAT Communiqué no.43 was published in the Official Gazette on 25.10.2022

3 Kasım 2022

The delivery of iron-steel products were included in the VAT declaration system with the 4/10 portion of VAT declared as the liability of the purchaser

Tax Procedure Law (TPC) circular VUK-145/2022-8 has been published on 05.09.2022. The circular provides further details about “ultimate beneficial owner” which was defined in the TPC Communiqué No:529

8 Eylül 2022

As stated in the previous Communiqué, ultimate beneficial owner must be a real person.