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ARTICLE · 28 JANUARY 2025

BDO Denet Monthly Report - January 2025

BDO TURKIYE (DENET YEMINLI MALI MUSAVIRLIK A.S.)
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The 2025/January issue "BDO Denet Monthly Report " where we bring together the publications prepared by BDO Turkey's experienced team has been published!

TurkeyTax

Another year has passed, with its highs and lows.

Just as we remember 2023 for the regulations introduced in response to the earthquake disaster, it would not be wrong to say that we will remember 2024 for inflation adjustments.

Unfortunately, all stakeholders involved in tax inflation adjustments—businesses, the tax administration, professionals, and taxpayers—did not perform well in this regard. The business sector failed to clearly articulate its expectations, secondary regulations were highly incomplete and insufficient, and both taxpayers and professionals struggled to correctly assess the advantages and disadvantages of the regulations. Consequently, the implementation turned into a complete mess.

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