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ARTICLE · 11 OCTOBER 2023

BDO Denet Monthly Report – August 2023-8

BDO TURKIYE (DENET YEMINLI MALI MUSAVIRLIK A.S.)
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In order to compensate for the economic losses caused by the earthquakes we experienced in February, important tax regulations were made in July.

TurkeyTax

July 2023
Financial Agenda

In order to compensate for the economic losses caused by the earthquakes we experienced in February, important tax regulations were made in July. In this month's issue, we included details of our Bulletins and Announcements in which we have announced these regulations. However, I would like to briefly summarize these significant regulations here.

With Law No. 7456, one-off legal regulation has been made to collect additional motor vehicle tax (MTV) equal to the MTV accrued in 2023. Taxpayers of additional MTV have been determined as those who are MTV taxpayers as of 15/07/2023 within the scope of MTV Law, and real and legal persons who own vehicles registered for the first time in relevant registries between 15/07/2023 and 31/12/2023.

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