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02September2024

Tax Procedure Law General Communiqué on Inflation Adjustment Published

On August 29, 2024, it was announced on the website of the Revenue Administration that the Tax Procedure Law (TPL) General Communiqué numbered 563 was sent to the Presidency for publication.

With the Tax Procedure Law General Communiqué No. 563 published in the Official Gazette dated 31.08.2024 and numbered 32648, a regulation has been made not to make inflation adjustment in the second and third provisional tax periods of the year 2024, among the taxpayers who are obliged to make inflation adjustment, those whose total gross sales in the income statement dated December 31, 2023 are below 50,000,000 TRY.

Author Selma Kıy, Category Taxation Law

14August2024

Tax Law No. 7524 Introduces Fee Exemption for Issuance of Share Certificates to Employees

With the Law No. 7524 "Law on the Amendment of Tax Laws and Certain Laws and Decree Law No. 375", which entered into effect after being published in the Official Gazette dated August 2, 2024 and numbered 32620, new regulations were made in the tax legislation. One of the important regulations is related to the "wage exemption in the issuance of share certificates to employees".

Author Selma Kıy, Category Taxation Law

13August2024

The Law No. 7524 on Amendments to Tax Laws and Certain Laws

The Law No. 7524 was published in the Official Gazette on August 2, 2024 following the approval of the President and has come into force.

The changes introduced in the omnibus law, which were brought to the agenda and accepted by being published in the Official Gazette, are as follows:

Author Selma Kıy, Category Taxation Law

07August2024

Türkiye International Direct Investment Strategy Published

The document titled "Türkiye International Direct Investment Strategy 2024-2028" has been meticulously prepared as a roadmap to ensure sustainable economic development in Türkiye and to promote international investments. The aim is to enhance both the quality and quantity of international direct investments (FDI) in the country. In summary, the document includes the following key points:

Author Ümit Kır, Category Turkish Commercial Code

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