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The Ministry announced, the important decision is in the Official Gazette

The Ministry announced, the important decision is in the Official Gazette The Ministry of Treasury and Finance announced the revaluation rate for 2020 as 9.

The Ministry announced, the important decision is in the Official Gazette The Ministry of Treasury and Finance announced the revaluation rate for 2020 as 9.11 percent.

The Ministry of Treasury and Finance published the revaluation rate to be applied to taxes, fees and fines in 2021 in the Official Gazette. According to the statement made by the Ministry, the revaluation rate was 9.11 percent.

This rate will also be applied for the last advance tax period of 2020.

The statement made to the Official Gazette is as follows:

As you know, 213 on Tax Procedure Law of repetitive Article 298 (B) according to paragraph revaluation rate revaluation in October of the year will be held (including October) compared to the same period of the previous year, Turkey Statistical Institute in the Domestic Producer Price Index is the average price increase rate that occurs, and this rate must be announced in the Official Gazette by the Ministry of Treasury and Finance.

In accordance with this provision, the revaluation rate for 2020 has been determined as 9.11% (nine point eleven).

This rate will also be applied for the last advance tax period of 2020.

On the other hand, previously published communiqués on this subject are also in effect.

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28 Kas 2020 - 10:30 -


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