Law No. 7524 (the Law) was published in the Official Gazette dated 02 August 2024, as adopted by the General Assembly of the Turkish Parliament, with minor amendments. The new Law broadens the scope of certain exemptions and deductions that will not be taken into account for the calculation of Turkish domestic minimum tax (yurt içi asgari kurumlar vergisi).Further, the Law implements several new regulations, most notably on the minimum tax. Turkiye's alignment with BEPS 2.0 and Pillar Two reflects its commitment to global tax practices. These new regulations should be analyzed carefully on a company-specific basis to ensure compliance...