Turkey has increased tax penalties starting January 1, 2025, as outlined in General Communiqué No. 577, with rates adjusted to a revaluation rate of 43.93% for the 2024 tax year. Key changes include higher fines for irregularities, escalating penalties for repeated non-compliance with invoice and delivery note requirements, and additional fines for withholding requested information.
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Turkey Implements Increased Tax Penalties Starting January 1, 2025
Turkey
Author: Ivana Picajkić
Category:
Fiscal subject related
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Content accuracy validation date:
22.01.2025
Content accuracy validation time:
08:00h
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Author: Ivana Picajkić
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Author: Ivana Picajkić
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Author: Ivana Picajkić
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