Turkey: Fiscal & Monetary Policy

Vergi reformu, doğru tasarlanırsa enflasyonla mücadelede bir fren değil, tam tersine bir motor olabilir...

Recent amendments to Turkish currency protection regulations have eliminated previous restrictions on foreign currency payments in movable property sales contracts between Turkish residents. The changes restore the regulatory framework to its pre-2022 state, allowing parties to freely denominate contract prices and payment obligations in foreign currency or index them to foreign exchange rates.

The acquisition of Turkish citizenship by foreigners by investing a certain amount was first brought with the Council of Ministers Decision dated 12.12.2016 and numbered 2016/9601.

07 Temmuz 2022 tarihli 31889 sayılı Resmi Gazete'de yayımlanan bir kanun ile 6563 sayılı Elektronik Ticaretin Düzenlenmesi Hakkında Kanun'da ("Kanun") önemli değişiklikler yapılmıştı.

With a law published on the Official Gazette dated 07 July 2022 and numbered 31889, significant changes were made in the Law on the Regulation of Electronic Commerce with no. 6563 ("Law").

The Central Bank of the Republic of Turkey ("CBRT") has; (i) amended the Communiqué on Required Reserves ("Required Reserves Communiqué") with the Communiqué on Amending the Communiquée on Required Reserves ("Amendment Communiqué") and ...

With the Official Gazette numbered 31506 and dated 09.06.2021, Law No. 7326 regarding the Tax Amnesty and Tax Reconstruction has come into force.

The Communiqué about assignment/exemption letter has been announced by Ministry of Internal Affairs on April 29, 2021.

The Turkish Government has recently revealed an update of its New Economic Program for the three-year period starting from 2020 under the main theme of "Transformation Begins".