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The Bill, Which Includes Tax Regulations, Was Approved by the Committee.
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The bill containing tax regulations was discussed in the Turkish Grand National Assembly's Planning and Budget Committee. With the accepted proposal, it is expected that the maximum installment period for tax and public debts will be increased from 36 months to 72 months.
According to the Draft Law on Amendments to Certain Laws, which includes tax regulations, if real or legal persons declare their money, gold, foreign currency, securities, and other capital market instruments located abroad to banks or brokerage firms by July 31, 2027, no tax audit or tax assessment will be conducted on the amounts corresponding to these assets.
·Beyoğlu, Türkiye
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