Taxation in Turkey (2017)

Turkey is a country where taxpayers are heavily taxed and for almost everything one can think of. On the other hand the taxation system was quite complicated in the country in the past. Hoopefull it is more understandable for foreigners at least, who would like to operate in Turkey. You will find on this page information obtained directly from government More...

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By admin On Wednesday, August 10th, 2011
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Turkey: Property Inheritence Law to Protect Rights of Foreigners

A pilot project in Antalya aims to eliminate any possible confiscation of properties that belong to foreign people who die while in Turkey Experts say there are approximately 100,000 properties owned by foreign More...

By admin On Saturday, May 28th, 2011
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Is the Tax System in Turkey Complicated?

This short article is meant to provide a brief idea for those who might be interested in doing business in Turkey and would like to be in the picture about the Turkish fiscal system. For further and more precise More...

By admin On Wednesday, March 2nd, 2011
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Structural Reforms In Turkey

Public Sector – Public Procurement Law – Rationalizations in financial management, employment, budget and investment in the public sector – Code of Ethical Conduct for Civil Servants – Law More...

By admin On Wednesday, March 2nd, 2011
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Privatization

Privatization Bodies The Privatization High Council (PHC) is the ultimate decision-making body for privatization in Turkey. The Council, headed by the Prime Minister, is composed of four ministers. PHC is responsible More...

By admin On Wednesday, March 2nd, 2011
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Exchange Rate Regime

Exchange Rate Regime  Turkey has a very liberal exchange control regime. The protection of the value of the Turkish currency legislation guarantees the free transfer of profits, fees and royalties. The transfer More...

By admin On Wednesday, March 2nd, 2011
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Accounting Principles

Accounting Principles In March 2006, the Turkish Accounting Standards (TAS) has been published by Turkish Accounting Standards Board which was declared to be effective as of January 1, 2006. The legal requirements More...

By admin On Wednesday, March 2nd, 2011
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Tax Incentives

Downbelow is the list for tax TAX INCENTIVES according to subjects. TAX INCENTIVES A- EXCLUSION OF INVESTMENT DEDUCTION B- DEDUCTION OF RESEARCH & DEVELOPMENT C- GAIN EXCLUSION ON EDUCATION AND INSTRUCTION BUSINESSES D- More...

By admin On Wednesday, March 2nd, 2011
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Privatisation

The involvement and participation of international investors is highly encouraged in the massive privatization program. Total revenue generated from privatization program until end of 2006 amounts to USD 26 billion, More...

By admin On Wednesday, March 2nd, 2011
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Exchange Rate Regime

Turkey has a very liberal exchange control regime. The protection of the value of the Turkish currency legislation guarantees the free transfer of profits, fees and royalties. The transfer of profits, dividends, More...