MuhasebeNews

The Council of Ministers  has added a new sub clause to the second clause of article 20 of the Regulation on Turkish Citizenship Law...

CURRENT ACCOUNT The current accountdeficit recorded USD 2,527 million indicating an increase of USD 564 million compared to February of the previous year, bringing the...

According to the International Investment Position (IIP)at the end of February 2017, external assets recorded USD 216.8 billion indicating an increase of 0.9 percent...

Official Reserve Assetsrecorded USD 105.7 billion indicating 1.7 percent decrease compared to the previous month. In this period, sub-items foreign currency reserves decreased by 2.6...

Short-term external debt stockrecorded USD 101 billion at the end of February, indicating an increase of 3.1 percent compared to the end of...

As regards private sector’s outstanding loans received from abroad, long-term loansrecorded USD 202.7 billion as of February, increasing by USD 241 million whereas short-term loans (excluding...

Ziraat Bank established in Turkey is planning to give services in neighboring Georgia with a new institution called JSC Ziraat Bank Georgia. Ziraat Bank has...

A report about partnership between Arçelik and LG Klima has been announced. Arçelik and LG Klima have declared that they are planning to produce commercial...

In Turkey, the Value Added Tax (VAT) Law entered into force on January 1st, 1985. By the VAT Law, some indirect taxes on consumption...

Income from capital investment means any income such as interest, dividend, rent and as such derived from capital in cash or capital in kind....