EU Commission President von der Leyen stated they are prepared to retaliate strongly against the tariffs imposed by the US. At the plenary session of the European Parliament (EP) held in Strasbourg, European Union (EU) Commission President Ursula von der Leyen discussed the trade relations and new tariffs with the US. Von der Leyen emphasized […]
Corporate tax payers can submit their 2024 tax returns between April 1st and 30th. The declaration period has started for capital companies, cooperatives, economic public enterprises, economic enterprises belonging to associations or foundations, and partnerships subject to corporate tax. Taxpayers can declare their 2024 corporate tax by the end of April. Corporate tax is also […]
As the tax deadline approaches, it’s worth examining President Trump’s suggestion to establish an External Revenue Service (ERS) as a substitute for the Internal Revenue Service. Under a Trump executive order, the secretaries of the Treasury, Commerce, and Homeland Security are tasked with exploring the feasibility of creating an ERS to collect foreign trade-related revenues. […]
Annual inflation in the Euro area fell to 2.2% in March. The European Statistics Office (Eurostat) released the preliminary inflation data for March in the Euro area. According to the data, the annual Consumer Price Index (CPI) in February, which was 2.3%, dropped to 2.2% in March. The CPI for March was 0.6% on a […]
The first quarter of the year was eventful in the crypto markets. Notable developments such as Bitcoin breaking records and the signing of an executive order in the US for the establishment of a Strategic Bitcoin Reserve drew attention. Cryptocurrencies experienced a volatile trend over the three-month period. Bitcoin, the cryptocurrency with the highest market […]
The inflation rate in Istanbul increased by 3.79 percent on a monthly basis in March. According to the Istanbul Chamber of Commerce data, consumer prices in Istanbul witnessed a 3.79 percent rise in March. The annual change in consumer prices was recorded at 46.23 percent.
Work on discounts for home appliances and furniture for young couples soon to be married is nearing completion. Applications for baby support will begin after the holiday. Here are all the applications implemented for families…Within the framework of the Family Year, some applications were launched for baby support, marriage loans, as well as travel and […]
The World Bank will provide $500 million in financing for preserving employment in the earthquake region. Turkey has secured $500 million in new external financing for preserving employment in the earthquake region and creating additional employment opportunities for businesses. According to information obtained from the Ministry of Treasury and Finance, Turkey continues its efforts to […]
A robust product safety period officially began today in online shopping. Sellers will now share product information in detail. Inappropriate ads will be removed within 24 hours. Foreign sellers will be required to have a local representative. The Regulation on Market Surveillance and Inspection of Products Offered to the Market via Remote Communication Tools to […]
Gold prices continue to break records due to fears of a trade war. The price of an ounce of gold is trading at $3,148. Meanwhile, a gram of gold is changing hands at 3,838 Turkish lira. Gold continues to break records amid uncertainties in global trade. The price of an ounce of gold has reached […]
