February 2, 2024

TAX and Banking Solutions

Tax and Banking Solutions

BASIC PRINCIPLES OF TREATIES FOR PREVENTING DOUBLE TAXATION Navigating the complex world of international tax laws is particularly important for multinational corporations and individuals with cross-border income. Understanding the general principles of tax laws can significantly aid in efficient tax planning and avoiding the pitfalls of double taxation. To prevent double taxation, most countries sign

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FOREIGN LEGAL ENTITIES’ BUYING REAL ESTATE IN TURKEY

Foreign Legal Entities’ Buying Real Estate in Turkey

When qualifying foreign legal entities, it is necessary to examine the legal entities by making a triple distinction as partnership, foundation, and association. Partnerships are legal entities established to share profits, and associations and foundations do not have such a quality. When a partnership is established under Turkish law and the headquarters of this partnership

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