Tax Procedure Law General Communiqué On Inflation Adjustment Published

On August 29, 2024, it was announced on the website of the Revenue Administration that the Tax Procedure Law (TPL) General Communiqué numbered 563 was sent to the Presidency for publication.

With the Tax Procedure Law General Communiqué No. 563 published in the Official Gazette dated 31.08.2024 and numbered 32648, a regulation has been made not to make inflation adjustment in the second and third provisional tax periods of the year 2024, among the taxpayers who are obliged to make inflation adjustment, those whose total gross sales in the income statement dated December 31, 2023 are below 50,000,000 TRY.

Taxpayers who have declared their 2nd provisional tax return as of the publication date of the Communiqué;