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Ministry of Treasury and Finance (Revenue Administration), the general statement on the law of tax procedure was published in the Official Journal.
In the release, the article on the Taxation Act on the procedure, the rate of revaluation again in the assessment of the year October (including October) compared to the same period of the year 39, previous year, Statistics Institute Turkey's domestic producer price index, the main spot in the statement said that the average price increase rate and this report will be announced by the Ministry in the Official Journal.
In this context, the revaluation rate was set at 23.73% for 2018 and it was recorded that the ratio would be applied for the last 2018 temporary tax period.
In addition, it was also stated that previously published news releases on this topic would remain in effect.
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