MARINE POLLUTION FINES REVISED FOR 2024:

Pursuant to Article 20 of the Turkish Environmental Code no. 2872 (“Code”), fines are imposed on vessels for causing pollution in Turkish waters through discharge of petroleum products, dirty ballast, garbage and sewage into the sea. Marine pollution fines are updated annually to adjust for inflation.

AMENDMENTS TO MARINE POLLUTION FINES :

THE CEILING FOR STAMP DUTY RAISED BY 122.93% FOR 2023:

The Turkish Revenue Administration has revised the ceiling of the stamp duty that will become applicable as of 1 January 2023

ENVIRONMENTAL MARINE POLLUTION FINES REVISED FOR 2023: