Turkey Tax News

Multilateral action between United Kingdom, France, Germany, Italy and Spain to counter tax evasion24 June 2013
Withholding tax under EU Savings Directive to be abolished24 June 2013
Netherlands Supreme Court: Reinvestment reserve taxable in Netherlands also if a company had its place of effective management in Luxembourg at time of sale of immovable property located in Netherlands6 May 2013
Heavy restrictions on capital movements enter into force6 May 2013
Government Council adopts amendment to exit tax provisions on capital gains to implement National Grid Indus decision4 May 2013
Treaty between Brazil and Turkey enters into force4 May 2013
Turkey25 March 2013
Court of First Instance Bruges decides that non-deductible part of the foreign dividend deduction can be included in loss carry-forward25 March 2013
Supreme Court: Business merger facility not applicable to contribution to subsidiary followed by subsequent contribution to grant daughter company of all assets except a business building9 February 2013
Treaty between Philippines and Turkey – details9 February 2013
Treaty between Germany and Turkey enters into force14 October 2012
Netherlands Supreme Court decides that Dutch thin capitalization provisions in the case of financing companies are not incompatible with ICCPR and ECHR3 September 2012
Treaty between Brazil and Turkey – details3 September 2012
Supreme Court decides interest paid on debt-claim towards low-taxed group company resulting from transfer of immovable property not deductible29 July 2012
Treaty between Finland and Turkey enters into force29 July 2012
Court of First Instance Leuven decides that fine imposed by European Commission due to violation of EC competition law is not deductible29 July 2012
Treaty between Switzerland and Turkey enters into force17 April 2012
Treaty between Turkey and Germany – details18 October 2011
Treaty between New Zealand and Turkey enters into force15 September 2011
Treaty between Australia and Turkey enters into force27 July 2011
Treaty between Canada and Turkey – details27 July 2011
Treaty between Norway and Turkey enters into force27 July 2011
Treaty between Canada and Turkey enters into force21 June 2011
Treaty between Ireland and Turkey enters into force6 September 2010
Treaty between Turkey and Oman enters into force25 May 2010
Treaty between Norway and Turkey – details23 March 2010
Treaty between Finland and Turkey – details20 November 2009
Treaty between Turkey and Saudi Arabia – details20 November 2009
Zero rate withholding tax for non-residents annulled20 November 2009
Treaty between Austria and Turkey enters into force11 October 2009