News and Publications

Turkey’s Revenue Administration recently published rules for the “Interactive Tax Office” (“Online System”), which allows taxpayers to now conduct a range of tasks and transactions via an online platform, rather than at a physical tax office. Electronic transactions via […]

The Turkish Constitutional Court recently considered a claim that property rights had been violated by insufficient compensation being paid for the decreased value of an applicant’s property. The court underlined that a fair balance must be established between the […]

For vehicles registered after 31 December 2017, Turkey will now also consider the vehicle’s value when calculating its annual motor vehicle tax amount. The vehicle’s value will be considered alongside its age and engine volume. For vehicles registered before […]

Turkey has introduced a range of changes to Tax Procedural Law number 213 (“Law”). The amendments relate to requirements for taxpayer addresses, procedures for delivering and rejecting correspondences, as well as conditions when notification by public announcement can occur. […]

Turkey’s Council of Ministers has now ratified the Convention on Mutual Administrative Assistance in Tax Matters (“Convention”), subject to several exclusions. The Convention involves Council of Europe and OECD member states. Its primary purpose is for signatories to exchange […]

From 1 January 2018, certain taxpayers in Turkey can now use an electronic Bookkeeping Declaration System (“System”) to store and submit selected documents online, rather than in paper format. Qualifying taxpayers are also able to make declarations via the […]

Turkey has restructured methods for settelement with Finance Revenue Administration (“Administration”) for related party transcations. The developments widen and clarify the scope of advance pricing agreement methods, as well as introduce time limits for the Administration to consider taxpayer […]

Unit values form the basis of real estate taxes in Turkey (duplicated article 49 of Tax Procedural Law number 213). Real estate valuations are valid for four year periods and during each period, the valuation is annually re-calculated and […]

Turkey has announced a series of changes to the Corporate Tax Law number 5520. Notably, corporate tax will increase from 20% to 22% for 2018, 2019 and 2020. Changes also apply to the scope and percentage of certain exemptions […]

Turkey’s Ministry of Finance has announced the revaluation rate for 2017 as 14.47%. The rate will also apply to the last provisional taxation period of 2017. The revaluation rate is used to update various taxes, administrative penalties and other […]