The “FATF Travel Rule” is an update of FATF’s Recommendation 16. FATF‘s Recommendation 16, aims to prevent the laundering of proceeds of crime and the financing of terrorism by ensuring accurate and complete sender and recipient information in electronic transfers and this recommendation implemented in three cases:
We can define financial crimes as criminal activities based on the misuse or abuse of financial systems. With the development of technology, financial crimes have become a major problem in the global world and the revenues obtained from these crimes correspond to a very large proportion of the global GDP.
The Revenue Administration of the Ministry of Treasury and Finance, with the General Communiqué of the Tax Procedure Law No. 563, decided that taxpayers whose gross sales are below 50 million liras as of 31 December 2023 will not make inflation adjustments as of provisional tax terms.
According to the statements made by the Minister of Treasury and Finance Mehmet Şimşek, the Global Minimum Corporate Tax will be among the tax regulations that will soon be submitted to the Grand National Assembly of Türkiye.
In recent years, there has been an important agenda in Türkiye: To ensure that Türkiye becomes one of the preferred countries for health tourism.
Our co-founder Nazmi Karyağdı participated as a speaker in the session titled "Winning and Losing with Law" at the 14th Bosphorus Summit held in Istanbul.
Throughout the year, accounting records, e-files and tax payments, taxes remain on the agenda of the business world and financial advisors (Certified Public Accountant, Certified Public Accountant, Sworn-in Certified Public Accountant).
Pursuant to Law No. 5746 on Supporting Research, Development and Design Activities, all R&D and innovation expenditures incurred by companies in R&D centers and all design expenditures incurred exclusively in design centers can be deducted from taxable corporate income.
With the biggest marketing campaign seen in recent times, the Barbie movie opened with a gross of 162 million dollars. With the release of the Barbie movie, the 'Hi Barbie' trend on social media grew like an avalanche. The marketing campaign created Barbie concepts everywhere.
In April 2023, general construction costs increased by 1 percent on a monthly basis and 53 percent on an annual basis.
On February 6, a tax called Earthquake Tax (Additional Tax) was enacted and implemented in order to meet the urgent financing needs that emerged as a result of the earthquakes that occurred in the Pazarcık and Elbistan districts of Kahramanmaraş and were called the disaster of the century.
The new cabinet formed after the presidential election was published in the Official Gazette as the Presidential Decision No. 2023/284.
Football fans will witness a very important moment in Istanbul on Saturday, June 10, 2023. The 2022/23 UEFA Champions League Cup match will be played between Manchester City and Inter at Istanbul’s Atatürk Olympic Stadium.
The most important result of the Cyprus Peace Operation for Turkey is the embargo imposed by the United States. Namely, the point that the Turkish economy and industry has reached today is closely related to this issue.
Technology forms the future of work. We have come a long way from the technical leap made possible by the internet's development, particularly in the 1990s, to the artificial intelligence that now dominates our agenda.
International organizations continue to work on the Omicron variant. To acquire definitive answers to queries regarding the Omicron, we will have to wait a few more weeks.
With its activities under the Green Deal, Europe seeks to achieve a carbon-neutral planet by 2050. Governments and international organizations have failed to take advantage of previous possibilities to mitigate global climate change's effects.
Today, we are most likely seeing the transition from fiat to digital currency. China is one of the most forward-thinking nations in the transformation.