As Turkey is moving to center stage as a growth market and rapidly becoming a regional hub for management, production and exports, Balcıoğlu Selçuk Ardıyok Keki’s Tax team is fully prepared to assist you in the complex world of tax, by serving as an extension of your business. When you engage BASEAK’s Tax practice, you’re getting an interdisciplinary team that understands how tax law meshes with other areas of the law— including corporate, M&A, real estate, litigation and employment to name a few.
Whether local or extra-jurisdictional, taxes will always impact your business. As regulations and issues shift and evolve, we will work alongside you to help you stay abreast of the latest developments, manage your compliance burden, and implement strategies to manage tax costs. As your trusted advisor, we will assist you across the entire corporate and tax spectrum including complex structuring issues to more routine tax issues as well as proactive management of tax controversy risks.
Key Service Areas
Our Tax team is experienced in all areas of tax law, in particular:
- Business structures and tax planning
- Taxation in mergers and acquisitions
- Negotiations with tax authorities, tax audits, and tax litigation and dispute resolution
- International taxation
- Corporate taxation
November 23, 2020
November 17, 2020
Valuable House Tax (“VHT”) becoming a part of our lives almost a year ago with the Law Numbered 7194 on the Digital Service Tax and the Amendment of Certain Laws and Law Decree Numbered 375 has made a tremendous impact following the first regulation; and has been criticized in terms of high values of houses determined by the General Directorate of Land and Cadastre in particular. Read more
With the Law No. 7256 on Restructuring of Certain Receivables and Amendments on Certain Laws ("Law"), published in the Official Gazette No. 31307 dated 17 November 2020, restructuring of certain finalized public receivables was regulated, and certain laws have been amended, namely the Income Tax Code No. 193 (“ITC”), the Corporate Tax Code No. 5520 (“CTC”) and the Value Added Tax Code No. 3065 (“VAT Code”). Below you may find the details of the regulations and amendments brought by the Law within the scope of the tax legislation. Read more