Exemption Rate for Capital Gains on Disposal of Participation Shares Reduced to 50%

With the “Presidential Decree No.9160 on the Amendment of the Exemption Rate in Paragraph (e) of the First Clause of Article 5 of the Corporate Tax Income Law (the CIT) No. 5520” published in the Official Gazette dated November 27, 2024 and numbered 32735, the exemption rate under Article 5/1-e of the CIT Law has…