Turkey Preparing to Implement Pillar 2 Global Minimum Tax
Turkey's Revenue Administration has reportedly presented draft legislation that includes measures for the implementation of the Pillar 2 global minimum tax. The global minimum tax will be in line with the GloBE rules approved by the BEPS Inclusive Framework and apply for fiscal years beginning on or after 1 January 2024, with initial returns due in 2025. The draft legislation also includes meas…
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