Revaluation Rates Determined for 2024
With the Tax Procedure Law General Communiqué numbered 554 (“Communiqué”) published in the Official Gazette dated November 25, 2023 and numbered 32380, the revaluation rate for the year 2024 has been determined as 58,46% for lump sum taxes, penalties, exemptions and fees (together with judicial expenses).
With the Communiqué published in the Official Gazette, monetary limits have been updated for the year 2024, including multiple taxes and fees. In accordance with the revaluation rate and the Code of Civil Procedure numbered 6100 (“CCP”), the monetary limits for the year 2024 have been updated as stated in the table below.
| Code of Civil Procedure Monetary Limits | Monetary Limits for 2024 |
|---|---|
| Limit of Proof by Deed | 23.450 Turkish Liras |
| Local Court Finality Limit | 28.250 Turkish Liras |
| Limit of Appeal | 378.290 Turkish Liras |
| Hearing Limit on Appeal | 567.520 Turkish Liras |
| Local Court Finality Limit in Enforcement Courts | 66.090 Turkish Liras |
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