On 2 October 2019, the Revenue Administration of Turkey has published Decree No. 1592 of 1 October in the official gazette amending Law No. 6183. The decree reduces monthly interest rate for late payment of tax from 2.5% to 2.0%. The Decree entered into force from its publication day.
Related Posts
Turkey's Ministry of Industry and Technology issued a new Communiqué on Wednesday, 13 November 2024 amending the guidelines for Communiqué on Strategic Priority and Technical Assessment of Investment Projects, introducing a revised financial
Read More
A release from the Turkish Ministry of Family, Labour, and Social Services, published on 6 November 2024, reported that officials from Guinea and Turkey met to discuss areas of bilateral cooperation, with Turkey expressing interest in negotiating an
Read More
The Turkish Ministry of Treasury and Finance, alongside the Ministry of Trade, has issued a revised General Communiqué on Electronic Ledger (No. 5) on 8 November 2024, updating the previous regulations to enhance tax compliance. The new rules,
Read More The Turkish government has initiated a public consultation on the implementation of departure tax regulated by Law No. 5597 on the Exit Fee and the Amendments to Various Laws, which was recently amended by Article 51 of Law No. 7524 on Amendments to
Read More The Turkish Revenue Administration has launched a consultation on the draft Income Tax General Communique No. 329, on 4 November 2024, which addresses amendments to individual income and corporate tax as outlined in Law No. 7524/2024 related to
Read More Turkey’s Ministry of Treasury and Finance has issued a Circular No. 176 on 1 November 2024 offering detailed explanations on the implementation of inflation adjustment procedures under the Tax Procedure Law (TPL). It addresses various issues
Read More
