04 January 2016 Turkey extends application of temporary Article 67 on taxation of income and gains derived from marketable securities until December 31, 2020 A draft Law was submitted on December 8, 2015 to the Turkish Parliament, aimed at extending the application of the temporary Article 67 covering the taxation of income and capital gains derived from marketable securities, until December 31, 2020. On January 1, Law number 6655 was published in the Official Gazette, confirming the enactment of the draft Law, as expected. The provisions of the temporary Article 67 of the Income Tax Law therefore remain applicable until December 31, 2020. Document ID: 2016-0005 |