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Turkey Announces Not Applying Pillar 1 Amount B

|Approved Changes|Turkey
Turkey

The Turkish Revenue Administration has issued a release regarding the implementation of Amount B relating to the simplification of transfer pricing rules under Pillar 1. Amount B provides a simplified and streamlined approach for pricing certain controlled transactions involving baseline marketing and distribution activities. Countries may elect to apply Amount B to covered transactions of distributors, sales agents, and brokers operating in their country for accounting periods beginning on …

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