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June 30 is the deadline for the Peace of Being!

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The deadline to benefit from the Peace of Being ends on June 30.

ANKARA (IGFA) – According to the statement made by the Revenue Management Presidency, if certain foreign and domestic assets (money, gold, foreign currency, securities and other capital market instruments and immovables) are brought into the economy until 30 June 2022, no tax will be charged and no tax will be charged. Note that no review will be done.

In the statement, which included explanations and detailed information regarding the implementation of the Law and the General Declaration, reference was made to the “General Communiqué on Bringing Assets to the Economy”.

With the said regulation, it is stipulated that real and legal persons can freely save money, gold, foreign currency, securities and other capital market instruments abroad by bringing them to Turkey and bring them into the national economy, and it is included in the legal book records of the Income or Corporate Taxpayers who are in the country. It was noted that it is aimed to notify the money, gold, foreign currency, securities, other capital market instruments and immovables that do not receive it to the tax office and to be recorded in the legal book records without being taken into account in the determination of the transfer benefit.

You can click here to reach the Guide for Bringing Some Foreign and Domestic Assets to the National Economy.

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