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Turkey limits cash transactions effective immediately

Private | Turkey | Author: Stefan Ditrih | Subject: Fiscal subject related, General information | Views: 4541 | Date and Time: 11.10.2024 08:19h
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Summary
Turkey has amended its Tax Procedure Law (Tebliğ No. 459), limiting cash transactions to 7,000 TL (approximately €250) and requiring amounts above this to be processed through financial intermediaries like banks.
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