Turkey: Guidance clarifying “asset amnesty” procedures | KPMG | GLOBAL
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Turkey: Guidance clarifying “asset amnesty” procedures

Turkey: Guidance clarifying “asset amnesty” procedures

An “asset amnesty” request that was due 31 December 2016 is expected to be extended for six months, to allow corporate and individual taxpayers to bring their assets located abroad into Turkey without being subject to any taxation and without any inspection, assessment, investigation, or prosecution.


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A communique was issued by the government to clarify the procedures and principles of application to the asset amnesty measures.


Read a December 2016 report [PDF 157 KB] prepared by the KPMG member firm in Turkey

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