Irregularity fines, special irregularity fines and other amounts and thresholds set forth in the relevant law have been redetermined by the General Communique on Tax Procedure Law (No:460) published in the Official Gazette No 29573 dated December 25, 2015 The amounts which will be applicable as from 1 January 2016 are as below:

The stamp duty amounts to be applicable as from January 1, 2016 have been determined by the General Communique on Stamp Duty Law published in the Official Gazette No 29573 dated December 25, 2015. Briefly, the stamp duty amounts to be applicable are as follows:

The threshold for the documentation requirement for collections and payments has been decreased from TL 8.000 to TL 7.000- by means of the General Communique ob Tax Procedure Law (No:459) which was published in the Official Gazette no 29572 dated December 24, 2015. The communique which will enter into force as from January 1, 2016 regulates the following;

With the Cabinet Decision published in the Official Gazette published with the number 29576 on 28th December 2015, the duration for benefitting the incentive for Social Security Premium Employer Share as stipulated in the 10th temporary aticle of Law number 4447, has been extended until 31st of December 2020.