Numerous Government Fees And Taxes Increased With The Recently Published Presidential Decrees

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CBC Law Firm
Contributor
CBC Law (Formerly Cetinkaya) is a full-service law firm based in Istanbul servicing local and international clients. Our lawyers have extensive expertise in advising on dispute resolution, business crime, technology, data protection and intellectual property. CBC Law prides itself on helping clients navigate their way through a constantly changing and challenging legal landscape. With a seamless multidisciplinary approach positioned at the intersection of industry knowledge and legal expertise, we provide our clients with legal solutions that are tailored to their needs in Turkey.
The Presidential Decrees (the "Decrees") regarding the increases in particular government fees and taxes have been published in the Official Gazette No. 32241 and dated 7 July 2023.
Turkey Tax
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a. The amounts of fixed fees applicable for 2023 in accordance with the Fees Act numbered 492 have been increased by 50%, with the exception of the driving license fees. This implies that the amounts of following fees have been subject to a 50% increase:

  • All fixed judicial fees (including court fees, execution proceedings fees, bankruptcy proceedings fees, and trade registry fees),
  • All fixed notary fees,
  • All fixed land registry transaction fees,
  • All fixed concession and license fees,
  • All fixed patent and trademark fees.

This increase is effective as of July 8, 2023.

b. The VAT rate on goods and services has been raised from 8% and 18% to 10% and 20%, respectively. This increase is effective as of July 10, 2023.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Numerous Government Fees And Taxes Increased With The Recently Published Presidential Decrees

Turkey Tax
Contributor
CBC Law (Formerly Cetinkaya) is a full-service law firm based in Istanbul servicing local and international clients. Our lawyers have extensive expertise in advising on dispute resolution, business crime, technology, data protection and intellectual property. CBC Law prides itself on helping clients navigate their way through a constantly changing and challenging legal landscape. With a seamless multidisciplinary approach positioned at the intersection of industry knowledge and legal expertise, we provide our clients with legal solutions that are tailored to their needs in Turkey.
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