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Turkiye proposes various changes in tax laws, including implementing global minimum tax

20 June 2024

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Tax Alerts, Information Reporting, Legis...

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Turkey

The legislative process for implementing a global minimum tax has been initiated in Turkiye.A draft bill is expected to be presented to the General Assembly of the Turkish Parliament in the following weeks.The draft bill will likely include both a global minimum tax within the scope of Base Erosion and Profit Shifting (BEPS) Pillar Two rules and a domestic minimum tax. In a presentation comprising more than 100 pages of new tax legislation, the Turkish Revenue Administration has proposed various changes to the Turkish tax legislation, including implementing a global minimum tax in accordance with Organisation for Economic Co-operation and Development...