The 2016 Turkish stamp duty cap has been announced as TRY 1,797,117.30. Any legal documents signed in Turkey, or signed abroad where the beneficial interest of the parties lies in Turkey, will be subject to this stamp duty threshold. 

Turkish law requires stamp duty to be applied as either a fixed duty or based on a percentage, and the amount will vary depending on the type of document. It ranges from 0.189% to 0.948%, calculated over the highest monetary amount set forth in the document.