Turkey: Delay with processing of various tax documents


Further to our TaxFlash T20019, Clearstream Banking informs customers, that due to the COVID-19 situation, the Turkish tax authorities are still facing some delays with the processing of Tax ID applications, renewal of Certificate of Tax Residence (COTR) and name/address changes. In light of this delay, Clearstream Banking can only complete such applications at an unspecified time.

We continue to monitor the situation and will provide further information as it becomes available.

This Taxflash is intended to provide customers with general information gathered from different sources that are generally believed to be reliable. Clearstream Banking S.A. does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this Taxflash is at the customer’s own risk and Clearstream Banking S.A. its subsidiaries and affiliates expressly disclaim any liability for any errors or omissions