Turkey Further Extends Disclosure Scheme for Certain Domestic or Foreign Assets
Turkey's Revenue Administration has announced the publication of Presidential Decision No. 5058 of 31 December 2021, which extends the disclosure period for certain domestic and foreign assets under provisional (temporary) Article 93 of the Income Tax Law as introduced by the 2020 law on restructuring public receivables. Under Article 93, a voluntary disclosure scheme provides that the disclos…
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