Turkey: Revenue Administration publishes guidance on foreign income exemption
Turkey’s Revenue Administration published a guidance on 7 September 2026 outlining a 20-year income tax exemption for qualifying individuals who establish residency in the country and earn income and earnings derived abroad. The guidance set
See MoreTurkey expands tax exemptions to other banks
Turkey has expanded the scope of tax, duty, and fee exemptions applicable to foreign exchange-earning activities by extending eligible Central Bank of the Republic of Turkey rediscount credits to other banks. Presidential Decision No. 11723,
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Turkey raises withholding tax on money market funds
Turkey’s Revenue Administration has announced that Presidential Decision No. 11734, published in the Official Gazette No. 33361 on 5 September 2026, raises the withholding tax rate on certain money market fund earnings from 0% to 10% for corporate
See MoreTurkey: Revenue Administration updates tax penalty reduction guide
Turkey’s Revenue Administration has updated and published the Guide on the Tax Penalty Reduction Application, explaining the scope of penalties covered, eligibility requirements, reduction rates, application procedures and payment obligations
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Turkey introduces nuclear energy tax exemptions, establishes vehicle excise floorsÂ
Turkey has enacted Law No. 7590, introducing several tax measures, including reforms to the special consumption tax (SCT) on motor vehicles, new tax incentives for the nuclear energy sector, and an extension of employment support measures. The law
See MoreTurkey updates import inspection list for selected products under Agriculture, forestry controls
Turkey has revised the product list covered by the Communiqué on Import Inspections of Products Subject to the Control of the Ministry of Agriculture and Forestry (Product Safety and Inspection: 2026/5) through a new amending Communiqué (Product
See MoreTurkey publishes list of jurisdictions recognised for global minimum tax framework
Turkey has published Presidential Decision No. 11511 in the Official Gazette No. 33307 on 11 July 2026, approving the list of jurisdictions that have implemented key elements of the global minimum tax framework. The Decision, issued by the
See MoreTurkey issues final guidance on new corporate income tax incentives
Turkey's Tax Administration has issued General Communiqué No. 26, providing final guidance on the corporate income tax amendments introduced by Law No. 7577 and Law No. 7582. The Communiqué, which entered into force on 4 July 2026, confirms the
See MoreTurkey extends 2024 Pillar Two top-up tax filing, payment deadline
Turkey's Tax Administration has extended the deadline for filing and paying the Global Minimum Top-up Corporate Tax for the 2024 fiscal year. The extension was announced in Circular No. 203/2026-9 on the Tax Procedure Law on 26 June 2026. Using
See MoreTurkey extends 2024 global minimum supplementary corporate tax returns deadline
The Turkish Revenue Administration announced the release of Tax Procedure Law Circular No. 203 on 29 June 2026, which extends the filing deadline for Global Minimum Supplementary Corporate Tax Returns for the 2024 fiscal year. As per the Tax
See MoreTurkey extends preferential WHT treatment for treasury-backed securities
Turkey has extended the application period of the 0% withholding tax (WHT) rate on income and gains derived from government bonds, Treasury bills and certain lease certificates by six months, following the publication of Presidential Decision No.
See MoreTurkey: Revenue Administration updates guidance on accommodation tax rules
Turkey's Revenue Administration, on 19 June 2026, published an updated Accommodation Tax Guide, providing revised explanations and examples on the application of the Accommodation Tax (Konaklama Vergisi) following a temporary reduction in the tax
See MoreTurkey: Revenue opens Pillar Two filing for global minimum top-up tax
Turkey's Revenue Administration has announced, 1 June 2026, that the Global Minimum Supplementary Corporate Tax Return is now available through the Digital Tax Office for the 2024 accounting period. The return is used to report and pay Pillar Two
See MoreTurkey approves agreement on exchange of GloBE information returns (GIR MCAA)
Turkey has approved the Multilateral Competent Authority Agreement on the Exchange of Global Anti-Base Erosion (GloBE) Information Returns (GIR MCAA), reinforcing its participation in the international framework supporting the global minimum
See MoreTurkey ratifies GIR MCAA to enable automatic GloBE information exchange
Turkey’s Revenue Administration has announced the publication of Presidential Decision No. 11396 on 6 June 2026, approving the ratification of the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA). The GIR
See MoreTurkey enacts law introducing sweeping corporate tax reforms, incentives
Turkey enacted Law No. 7582 on 4 June 2026, introducing a broad package of tax reforms, including a differentiated corporate tax system and expanded incentives for exports, production, and qualified service activities. The legislation also
See MoreTurkey clarifies domestic minimum corporate income tax, REIT exemption rules
Turkey’s Revenue Administration has issued General Communiqué No. 25, providing detailed implementation guidance on recent amendments to the Corporate Tax Law introduced by Law No. 7524 and Law No. 7566. The Communiqué, published in the
See MoreTurkey approves major tax package with corporate rate cuts, foreign income exemptions
Turkey’s Grand National Assembly (TBMM) on 21 May approved Law No. 7582, a broad legislative package containing tax and investment measures, which was first announced by the Turkish President in April 2026. The law introduces amendments to
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