Provisional Article 67 of the Income Tax Law contains provisions regarding the taxation of income earned from the disposal or holding of securities and other capital market instruments, as well as deposit interest, repo income, and income earned from participation banks.
In recent years, the increasing digitalization of economies has led to the emergence of many new business models and areas of activity. By leveraging the opportunities afforded by technological advancements, corporations have increased their mobility and begun to operate more easily in different countries.
The purpose of this article is to announce that a new era in the fight against counterfeit documents was launched by the Tax Inspection Board of the Ministry of Treasury and Finance in Türkiye on October 1, 2025. This board implemented a paradigm shift by introducing a multi-layered surveillance and electronic audit (e-audit) model in the fight against counterfeit documents.
In an increasingly global economy, financial institutions are becoming more vulnerable to illicit criminal activities. Know Your Customer (KYC) standards are designed to protect financial institutions against fraud, corruption, money laundering and terrorist financing[1].
Türkiye entered a new era in climate policy with the adoption of Climate Law No. 7552 by the Grand National Assembly on July 2, 2025, and its subsequent publication in the Official Gazette on July 9, 2025. This law provides both legal and economic instruments to support Türkiye’s 2053 net-zero emissions target.
We are approaching the final days for the submission of the 2024 Corporate Tax Return for taxpayers who are subject to corporate tax, as economic activities are carried out by capital companies (limited liability companies, joint-stock companies, and limited partnerships with shares), cooperatives, economic public institutions, associations, or foundations that own economic enterprises or joint ventures.
The Ministry of Treasury and Finance, using the authority granted to it by the Tax Procedure Law, decided that inflation adjustments will not be applied in provisional tax periods in 2025.
Expat is a term generally used to describe white-collar foreign workers. In recent years, there has been a significant increase in the number of individuals working outside their home country. This increase, as a reflection of global labour mobility, has caused tax and social security practices to become more complex in the case of expatriates.
Today, the crime of money laundering is becoming more widespread and complex due to technological developments. This has made it imperative for supervisors to come up with effective solutions to combat money laundering on an international scale.
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.