Finance Ministry

After discussions both on traditional and social media, including a Twitter poll by the country's finance minister and an official investigation, it has been decided villagers in the eastern province of Bingöl who found and sold meteorite pieces at inflated prices did not need to pay taxes for this sort of income.

The Finance Ministry has dispatched officials to conduct tax inspections after villagers in the eastern Turkish province of Bingöl sold a number of meteorites they found, though the villagers fiercely object to the move and say the meteorites were "sent by God."

Turkey's Finance Ministry has dispatched officials to conduct tax inspections on meteorites found in the eastern Turkish province of Bingöl, prompting fierce opposition on the part of local villagers who say the meteorites were "sent by God" and are not quantifiable. 

The Finance Ministry on Thursday submitted an amendment to a draft omnibus bill in Parliament with which the 23% VAT on private education backdated to July 20 is formally abolished, putting an official end to the measure.

Any VAT that may have been paid in the meantime will be returnable and any fines for non-payment will be written off and also returned.

The Group of Seven (G-7) industrial nations plan to tighten the regulation of digital currencies such as bitcoin, which they suspect the Islamic State of Iraq and the Levant (ISIL) is using to move funds secretly, the German magazine Der Spiegel reported on Nov. 18.

Constructing a considerably large mosque in the heart of Istanbul's Asian side is among the plans published by Turkey's urbanization ministry, with a local municipality official saying the area in question is technically not convenient for construction. 

Turkey's state budget hit a 7.2 billion-Turkish Lira surplus in October largely thanks to payments by leading communications companies that won the tender for advanced 4G technologies, dubbed "4.5G."

Last October, the budget had a deficit of 3 billion liras. 

A mixture of experts, diplomats and civil society activists are to take seats Romania's proposed new cabinet, whose will run the country until the next elections are held in December 2016, prime minister designate Dacian Ciolos announced on Sunday.

Bulgaria's parliament on Wednesday tightened tax rules for company-registered cars and lowered the ceiling for cash payments.

Under draft amendments to the Corporate Income Tax Act adopted on first reading, companies will be able to reimburse only up to 70% of VAT on the purchase price of a vehicle if they use it for personal travel during weekends.

“The 2 billion euro tranche cannot be disbursed because Greece has not implemented all prior actions,” deputy spokeswoman for the German Finance Ministry Friederike von Tiesenhausen said on Monday.

However, she denied responding to a question regarding the outcome of the Eurogroup meeting. “The Eurogroup meeting is held in Brussels and not here,” she stressed.