Turkey’s New Wealth Amnesty: What Changes with Provisional Article 19

Turkey’s New Wealth Amnesty: What Changes with Provisional Article 19

Short answer: The omnibus law dated 4 June adds Provisional Article 19 to Corporate Tax Law No. 5520, introducing a new Turkish wealth amnesty (“Varlık Barışı”). Cash, gold, foreign currency, securities and other capital-market instruments held abroad — or held in Turkey but absent from statutory books — can be declared to banks or intermediary …

Read more →

VERBIS Registration Deadline Extended to 5 June 2026

VERBIS Registration Deadline Extended — Vircon Legal

VERBIS Registration Deadline Extended to 5 June 2026: What Companies Newly Captured by 2025 Balance-Sheet Thresholds Need to Know In a public announcement, the Personal Data Protection Authority (KVKK) confirmed that the registration and notification deadline for corporate-tax-paying legal entities that fall under the Data Controllers’ Registry (VERBİS) obligation by reason of their 2025 annual …

Read more →