Asset Peace Extended Until 2023

The period of benefiting from the peace of existence has been restructured until 31.03.2023

The Peace of Existence, which ended on June 30, 2022 , was re-arranged until March 31, 2023 with a new regulation. In this new form, the 9th article of peace of existence was regulated for the first time with an article added to the Corporate Tax Law.

In practice, there are very different practices in the new Asset Peace regulation, which covers the bringing of assets such as gold and foreign currency abroad to Turkey without being subjected to taxation.

What are the Assets within the Scope of Asset Reconciliation?

Located abroad;

· Money,

· Gold,

· Foreign exchange,

· Securities and other capital market instruments (Eurobond, Warrant, Swap, Real Estate Certificate, etc.)

Located within the country and not included in the legal book records;

· Money,

· Gold,

· Foreign exchange,

· Securities and other capital market instruments (Eurobond, Warrant, Swap, Real Estate Certificate, etc.)

· Immovable properties (Plot, Land, Building, Rights, etc.) are within the scope of peace of existence.

Turn Peace of Being into Advantage

If you have assets abroad (e-commerce income, or individual income), you can transfer your money to your account without going into tax follow-up by reporting the amount to your bank. It is an opportunity that especially those who earn income from abroad should not miss.

How to Apply for Peace of Being?

We are sharing with you the step-by-step method applied by one of our followers. At this stage, there will be no question marks in your mind about what you will need to do. guide we have prepared to get information about the steps to apply for asset peace .

What does the new regulated version of peace of existence include?

details about the new existence peace system, which includes different scopes than the previous version, in Abdullah Tozlu's article .

News source: World

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