Turkey's Revenue Administration has extended the state of force majeure on 10 January 2025, which was introduced after the 6 February 2023 earthquake for taxpayers with an annual turnover of less than TRY 2.5 million. The state of force majeure,

The income tax treaty between Egypt and Qatar has entered into force and applies from 1 January 2025. Both countries utilise the credit method to eliminate double taxation. The treaty applies to Egypt's individual income tax, corporate income

Turkey released the Real Estate Tax Law General Communiqué No. 86 on 30 December 2024  in the Official Gazette, which updates the Valuable Housing Tax Brackets for the year 2025.  The purpose of this Communiqué is to provide explanations

The Turkish government has announced increased tax penalties effective from 1 January 2025, detailed in General Communiqué No. 577 and published in Official Gazette No. 32768 on 30 December 2024. These adjustments are based on a 43.93%

The Turkish Official Gazette published Communique No. 53 on 30 December 2024, which outlines changes to the VAT refund threshold subject to the reduced VAT rate for 2025. According to the new regulation, the VAT refund threshold has been

Turkey released VAT General Communiqué No. 53, Number: 32768 (2nd Duplicate) in the Official Gazette on 30 December 2024, updating the VAT refund limit for transactions subject to reduced VAT rates. The refund cap for the 2025 tax year has been