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Turkey Publishes New Law on Restructuring Public Receivables and Amending Certain Laws Including an Additional Corporate Tax for 2022

|Approved Changes|Turkey
Turkey

Turkey's Revenue Administration has announced the publication of Law No. 7440 of 9 March 2023 on Restructuring Public Receivables and Amending Certain Laws. The main measures of the law are for a new tax amnesty regime for outstanding public receivables including most taxes, customs duties, social security, administrative fines, late payment interest and penalties, etc. In general, the regime…

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