Turkey consults Pillar 2 global minimum tax implementation
The consultation is set to conclude on 27 October 2025. The Turkish Revenue Administration released a draft General Communiqué for public consultation, setting out the framework for implementing the Pillar 2 Global Minimum Tax (GMT) on 3 October
See MoreTurkey: Finance and Treasury Ministry updates VAT rules
Turkey issued Communiqué No. 55 clarifying VAT exemptions, import calculations and refund procedures under Law No. 7555. The Turkish Ministry of Treasury and Finance has issued General Communiqué No. 55 on 4 September 2025, updating the Value
See MoreTurkey restricts simple method in business taxation
Certain businesses in metropolitan areas must use the real tax method from 2026. The Turkish government issued Presidential Decision No. 10380, published in the Official Gazette on 9 September 2025, introducing changes to business taxation under
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Turkey: Government tightens criteria for simplified business taxation
The simple method allows eligible taxpayers to calculate business income by subtracting expenses from revenue without detailed accounting, provided they meet the participation, rental, turnover, and IIT exemption criteria. Turkey’s government
See MoreTurkey issues general communiqué on corporate tax amendments
Turkey clarifies corporate tax reductions for certified investments in new Communiqué No. 24. The Ministry of Treasury and Finance issued General Communiqué No. 24 on 4 September 2025, amending the General Communiqué on Corporate Tax (No.
See MoreTurkey: Revenue Administration issues guidance on sports sponsorship tax
The guide outlines sponsorship expenses, eligible areas, agreement essentials, distinctions from advertising, documentation, tax deductions, professional versus amateur sports, and VAT applications. Turkey's Revenue Administration announced the
See MoreTurkey: Revenue Administration publishes guidance detailing tax obligations for heirs in 2025
The guide outlines heirs’ tax obligations, including filing rules, exemptions, thresholds, asset valuation, and related income, VAT, and special consumption tax requirements for 2025. The Turkish Revenue Administration has issued a guide for
See MoreTurkey sets real estate tax construction costs for 2026
Turkey has set standard construction costs to calculate real estate tax for 2026. Turkey has published General Communiqué No. 87 on Real Estate Tax Law in the Official Gazette on 9 August 2025, setting standard construction costs per square
See MoreTurkey issues draft on R&D tax exemptions
Turkey has clarified the new rules for income tax on R&D wage exemptions and related incentives. Turkey released a draft Communiqué on Income Tax on 20 August 2025, clarifying amendments under Law No. 7555 to the Technology Development
See MoreTurkey: Government consults scope, application of the reduced corporate tax regime
Turkey has initiated a public consultation on the scope and application of the reduced corporate income tax regime for investments made under an investment incentive certificate issued by the Ministry of Industry and Technology. Turkey’s
See MoreTurkey sets Q2 2025 asset revaluation rate
Turkey’s Revenue Administration has set the asset revaluation rate for the second provisional tax period of 2025 at 9.23%, effective for corporate taxpayers’ provisional tax calculations. The Turkish Revenue Administration published Corporate
See MoreCongo Republic: Parliament approves tax treaty with Turkey
Congo ratified an income tax treaty with Turkey on 2 August 2025 The Parliament of the Republic of Congo ratified an income tax treaty with Turkey on 2 August 2025. This follows after Turkey and Congo signed an income tax treaty on 14 November
See MoreTurkey extends 0% withholding tax on government securities until 2025
he Presidential Decision extends the 0% withholding tax on income from treasury bills, government bonds, and lease certificates until 31 December 2025. Turkey has extended the 0% withholding tax rate on income derived from treasury bills and
See MoreTurkey consults amendments to VAT refunds, exemptions, and procedures
The draft communiqué provides clarification on VAT exemptions, fraud-related loss, property sales rules, special consumption tax, and proportional VAT refunds on assets. The Turkish government issued a draft Communiqué on 31 July 2025 to amend
See MoreTurkey revises special consumption tax rates for EVs, other vehicles
The special consumption tax rates for passenger cars, electric vehicles, and off-road vehicles take effect on 1 August 2025. Turkey has published Presidential Decision No. 10115 in the Official Gazette on 24 July 2025, which revises the Special
See MoreTurkey caps tax incentives, R&D exemptions under new law
Turkey’s Law No. 7555 limits corporate income tax incentives to 10 years and caps R&D income tax exemptions starting July 2025. Turkey enacted Law No. 7555 introducing new limits on corporate tax incentives and income tax exemptions. The
See MoreTurkey extends tax payment deadlines in earthquake-hit regions
Turkey delays tax debt repayments for earthquake-affected taxpayers until after November 2025. Turkey's Revenue Administration announced the enactment of Presidential Decision No. 10700 on 14 July 2025, extending the payment periods for
See MoreTurkey issues updated 2025 tax guide on passenger vehicles
The guidance updates the tax rules for business-use passenger vehicles and sets limits on deductible expenses and depreciation for the 2025 fiscal year. Turkey’s Revenue Administration has published an updated guide on the tax treatment of
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