In the Official Gazette dated December 16, 2023, and numbered 32401, the Decision Annexed to the Presidential Decision dated December 15, 2023, and numbered 7953, was published, determining the amounts and rates specified in the fourteenth paragraph of Article 3 of Law No. 5746 on Support of Research and Development (R&D) and Design Activities and additional Article 3 of Law No. 4691 on Technology Development Zones, and the said decision shall be put into effect in accordance with the provisions of Law No. 5746 and Law No. 4691.

Property Tax

Property tax is a kind of tax that needs to be paid by owners of real estate such as land, estates, workplace, houses etc. For the properties owned by deed; The person, in whose name the deed has been issued, is the owner of the property and thus liable to pay for real estate tax.

This tax is paid as two equal installments each year. The first payment is made in March, April, or May and the second payment is within November.

The Law Regarding the Leasing of Residences for Tourism Purposes and Amendments to Some Laws was published in the Official Gazette numbered 32357 on November 2, 2023.

The purpose of this Law is to establish the procedures and principles for the leasing of residences for tourism purposes to both natural and legal persons.

The Law covers provisions related to general principles for leasing residences for tourism purposes, the issuance of permits, administrative sanctions, and the legislation that applies to residences leased for tourism purposes.

With the General Communiqué on National Vehicle Identification System Application (Row No: 1) has been published in the Official Gazette No. 32330 on October 5, 2023.

With the General Communiqué on National Vehicle Identification System Application;

• Obligation of installing National Vehicle Identification System in fuel stations has been introduced, and procedures and principles regarding the application have been determined.
• Regulations have been made regarding the automatic transmission of license plate information to the new generation fuel pump payment recorder devices in fuel sales offered at fuel station businesses and the determination of the technical specifications of the system accordingly.
• Information sharing about the system and other procedures and principles within the scope of the application have been determined.