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Member Articles


New Model of Withholding Tax Tables - Frequently Asked Questions

Tax Circular No. 20258, of 20 June 2023, publishes a set of concrete situations in the form of Frequently Asked Questions (FAQ), to clarify the new methodology and interpretation of the appropriate withholding tax rate t ...

Unravelling The Secrets of Tax Codes

At the beginning of a new financial year, we find ourselves trying to start off on the right foot and ensure our tax affairs are in order. We do this to avoid any nasty surprises at year end or, when HMRC reconcile our P ...

New Tax Law Provisions on Debt Push Down for Merger Transactions

Author: Beyza Günsel Sürücü Introduction Through Article 20 of Law No. 7440 on Restructuring of Certain Receivables and Amending Certain Laws (“Law No. 7440”), published in the Official Gazette dated 12 March 2 ...

Alteration of the Regime of Several Tax Benefits

Law 20/2023, of 17 May, changes the regime of several tax benefits, among which we highlight: I. Vehicle Tax (ISV): The reduced rate of Vehicle Tax (ISV) applicable to motorhomes (Articles 7, 8 and 9 CISV) has been gra ...

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