Bank and insurance transactions tax (BITT) rate for consumer loans is increased from 5% to 10% with the Presidential Decree no: 5729
15 Haziran 2022
With the Presidential Decree no: 5729 dated 11.06.2022, subparagraph (ğ) is added to the Decree annexed
Deadline for Repatriation of Capital is June 30, 2022
2 Haziran 2022
Presidential Decree no: 5058 published in the Official Gazette dated 31.12.2021, had extended the deadline determined in Temporary Article no:93 of Personal Income Tax (PIT)
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...