With the General Communiqué numbered 575 published in the Official Gazette dated November 30, 2024, the amount limit determined within the scope of the obligation to certify collections and payments with documents issued by banks, electronic payment institutions or post office was increased from 7,000 TRY to 30,000 TRY. It is obligatory for those who are within the scope of the obligation to certify, to make all kinds of collections and payments exceeding 30,000 TRY through intermediary financial institutions and to certify these collections and payments with the documents issued by these institutions.

With the announcement dated November 19, 2024, published by the Revenue Administration, the replacement of payment recording devices at fuel stations with new generation pump payment recording devices with increased security level and instant information sharing, and obtaining collateral from those who will obtain a license for the first time in this market and those who continue their activities, considering interventions to these devices and other related systems as a tax evasion offense, the requirement that invoices for fuel and LPG deliveries be issued at the time of delivery, and the requirement that there is no tax debt during the process of obtaining and renewing a fuel license have been put into effect.

With the Communiqué on the Amendment to the E-ledger General Communiqué Row No:1 (Serial No:5) published in the Official Gazette dated November 8, 2024 and numbered 32716, income and corporate taxpayers who keep their books according to the balance sheet basis are obliged to be subject to e-ledger application as of January 1, 2025.

According to the Presidential Decree No. 9075 published in the Official Gazette on November 1, 2024 and numbered 32709, the income tax rates calculated on interest earned from Turkish Lira Deposit Accounts and dividends paid by Participation Banks have been redetermined.

The following withholding tax rates will be applied to interest and dividends to be paid to accounts opened or renewed between 1 November 2024 and 31 January 2025: