The Stamp Duty Cap for 2023 Has Been Redetermined

Effective from January 1, 2023, the Ministry of Treasury and Finance has redetermined the stamp duty limits.

According to the 67 numbered Stamp Tax Law General Declaration published in the Official Gazette dated December 30, 2022 and numbered 32059, the upper limit of stamp duty to be collected from each and every document issued within the scope of Article 14 of the Stamp Tax Law No. 488 has been increased by 122.93% and determined as TL 10,732,371.80. The amount of fixed stamp duty has also been increased by 122.93% within the scope of the mentioned declaration. The percentage rates of stamp duty remains stable compared to previous years, ranging from 0.189% to 0.948% for contracts with monetary value, depending on the type of contract.

Associate
Ezgi OZKAN

Associate