tax
- Business
Corporate Tax Return Deadline Extended to May 5 for 2024 Fiscal Period in Turkiye
Corporate income tax filers in Turkiye must submit their tax returns for the 2024 fiscal period and make their payments…
Read More » - Turkiye
Turkiye Flags 40,000 High-Risk Taxpayers Amid Push for Voluntary Compliance
The Ministry of Treasury and Finance in Turkiye has flagged 40,000 taxpayers as high-risk following a large-scale assessment involving 500,000…
Read More » - Business
Türkiye’s Ministry of Treasury and Finance Denies Tax Amnesty and Restructuring Package Claims
The Ministry of Treasury and Finance of Türkiye has officially denied recent claims suggesting the introduction of a “tax amnesty”…
Read More » - Business
Türkiye’s Economic Authorities Discuss Cutting Withholding Tax on Deposits and Funds
According to Bloomberg, Türkiye’s economic authorities are considering reducing the withholding tax on deposits and investment funds in response to…
Read More » - Business
Revenue Administration Denies Tax Deferral Claims for Companies
The Revenue Administration of Türkiye (GIB) has denied recent media reports claiming that some companies had their tax payments deferred.…
Read More » - Turkiye
Tax Debt Restructuring Deadline Extended for Earthquake-Affected Regions in Türkiye
The “General Communiqué on Law No. 7440 Regarding the Restructuring of Certain Receivables”, prepared by the Revenue Administration of the…
Read More » - Business
Import Tax Hike on Cars from China Set to Increase Prices in Turkey
The additional customs duty on internal combustion and certain hybrid vehicles imported from China has been raised from 40% to…
Read More » - Turkiye
Turkiye hikes fuel tax by 6%, aims to control inflation
With the 5-month cumulative PPI since the last increase standing at 7.12%, the latest tax hike is below the index…
Read More » - UAE
FTA Reports Over 450,000 Businesses Registered for UAE Corporate Tax Compliance
Khalid Ali Al Bustani, Director General of the Federal Tax Authority (FTA), said that the number of companies registered for…
Read More » - Turkiye
TOBB President Calls for Tax Restructuring to Boost Wages and Competitiveness in Turkiye
The income tax brackets and rates and the wage ceiling based on the social security premiums should be restructured in…
Read More »