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ARTICLE · 05 DECEMBER 2016

Recent Developments To Stamp Tax Law

Acar & Ergönen Attorney Partnership
Acar & Ergönen Attorney Partnership
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The Law Introducing Several Amendments in Different Laws to Improve the Investment Environment has been published on the Official Gazette and thus entered into force on 9 August 2016.

TurkeyTax

The Law Introducing Several Amendments in Different Laws to Improve the Investment Environment ("Amendment Law") has been published on the Official Gazette and thus entered into force on 9 August 2016 in order to relieve the investors and to boost the markets which have been suffering from the coup attempt as well as the terrorist attacks in 2016.

Following the Amendment Law's entry into force, in order to enlighten the investors regarding the so amended stamp tax practices, the General Communiqué on the Stamp Tax Law (Serial Number: 60) ("General Communiqué") has been published on the Official Gazette and thus entered into force on 29 September 2016.

Some of the striking amendments introduced by the Amendment Law and respectively clarified by the General Communiqué are as follows:

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