23 May 2018 Turkey imposes reduced 5% tax on real estate revaluated under certain conditions Turkey's General Assembly of Parliament approved Law No. 7144 Regarding Amendment of Certain Laws (the Law) on May 18. The Law introduces a provisionary Article to be included in the Tax Procedural Code regarding the revaluation of real estate. The Law will enter into force following its publication in the Official Gazette. Document ID: 2018-1087 |