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Turkey Approves Pending TIEA with the Isle of Man — Orbitax Tax News & Alerts

On 21 July 2017, a decree was published in Turkey's Official Gazette for the ratification of the pending tax information exchange agreement with the Isle of Man. The agreement, signed 21 September 2012, is the first of its kind between the two jurisdictions. It will enter into force once the ratification instruments are exchanged and will apply for criminal tax matters on the date of its entry into force and for other matters for tax periods beginning on or after that date.