El Salvador and Turkey have begun formal talks on a treaty to eliminate double taxation and curb tax evasion. This announcement was made by the Ministry of Foreign Affairs of El Salvador on 12 May 2025. The Turkish delegation was led by Ahmet

The Turkish Ministry of Treasury and Finance has updated its tax audit regulations to enhance the use of electronic tools in audit procedures. Published on 13 May 2025, the amendment revises the October 2011 regulation by defining electronic system

The Turkish Revenue Administration (GİB) has released a draft communiqué under the Tax Procedure Law requiring all taxis in Turkiye to adopt integrated smart taximeters and payment systems by 31 December 2025. The measure seeks to promote digital

Turkiye has raised the foreign exchange (FX) conversion support rate for companies converting foreign currency into Turkish lira (TRY) from 2% to 3%. This change, effective from 1 May to 31 July 2025. This update is outlined in Communiqué No.

Turkey has extended a VAT exemption for construction activities in the manufacturing and tourism sectors, under Presidential Decision No. 9770  issued on 30 April 2025, which was published in the Official Gazette on 1 May 2025 (No. 32887).  The

Turkey's tax authority issued Presidential Decree No. 9769 on 30 April 2025, which was published in the Official Gazette on 1 May 2025 (No. 32887). The decree extends the 0% withholding tax rate on income derived from certain government-backed