New Regulations Increasing the Tax Burden!
In response to the public financing needs resulting from earthquakes in Kahramanmaraş and Hatay, several tax-related regulations have been introduced. The regulations include an increase in VAT rates, fixed charges, and the banking and insurance transactions tax. Additionally, the Draft Law proposes an increase in the corporate income tax rate, the repeal of certain exemptions, and the exclusion of real estate from partial demerger provisions. Taxpayers should closely monitor these regulations to understand and manage their increased tax burdens.