18 September 2018

Turkish Ministry of Treasury and Finance publishes press announcement on contracts concluded among Turkish residents to be set in Turkish Lira

Effective as of September 13, for contracts concluded among Turkish residents, the contract price and other payment obligations arising from such contracts must be set in Turkish Lira. On September 17, the Turkish Ministry of Treasury and Finance issued a press announcement regarding the framework of the Decision.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2018-1843