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Turkey Regulates Ultimate Real Beneficiary Notification Requirements

|Approved Changes|Turkey
Turkey

Turkey's Revenue Administration has announced the publication of Tax Procedure Law General Communiqué No. 529 in the Official Gazette, which regulates the determination of ultimate real beneficiaries (beneficial owners) of corporate taxpayers, collective companies, limited partnerships, ordinary partnerships, and trusts, as well as their notification to the Revenue Administration. The requirement to provide notification on ultimate beneficiary information applies for:

  • Corporate taxpayers;
  • T…

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