- A draft law in Turkey proposes changes to tax exemptions and incentives, affecting R&D personnel and corporate tax reductions.
- Amendments to special consumption tax structures for passenger vehicles are included.
- Recent developments include a new investment incentive framework and updates to corporate tax implementation.
- The government increased thresholds for collateral-free deferral of public debts and raised fixed stamp duty amounts.
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Turkey"
- Turkey Updates VAT Guidance, SCT on Petroleum, and Vehicle Tax Exemptions for Defense Projects
- Turkey Updates e-Invoice System with New Exception Code 344 Effective October 2025
- Turkey Issues VAT Communiqué No. 55 Updating Exemptions and Refund Procedures
- New e-Declaration Project Updates: VAT Return Enhancements for August 2025
- Turkey Adds New Exemption Code 344 to E-Invoice System, Effective October 1, 2025