The OECD’s Working Party No. 6 (WP6) of the Committee on Fiscal Affairs has released a public consultation document proposing substantive revisions to Chapter VII of the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations (the OECD TPG). The consultation period runs from 1 June to 22 July 2026, with a public consultation…
Turkiye introduced one of the most comprehensive international tax incentives for individuals to date through Law No. 7582, the Law Amending Certain Laws, adopted on May 21, 2026 and published in the Official Gazette dated June 4, 2026, No. 33270. The regulation rests on two core pillars affecting individuals: a 20-year full income…
The Istanbul Financial Center (Istanbul Finans Merkezi, “IFC”) is Türkiye’s flagship project to establish a globally competitive, internationally integrated financial services hub on the Asian shore of Istanbul, at Ataşehir. Conceived under Law No. 7412 on the Istanbul Financial Center (the “IFC Law”), enacted on 22 June 2022, the IFC combines a purpose-built 1.3…