General Communiqué No. 11 regarding the Corporate Income Tax Law (Law No. 5520) was gazetted on 31st December 2016 and amends General Communiqué No. 1. The measure entered into force on the day of its publication. The Communiqué gives descriptions and examples regarding certain articles of the Corporate Income Tax Law. The Communiqué clarifies the criteria for the application of the regional headquarters exemption, the implementation of the exemption for fixed royalties, the implementation of the R&D reduction, the implementation of a reduced corporate tax rate and gives detail on the rehabilitation center exemption.
Turkey: Bilateral APA signed
Related Posts
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
Read More
Turkey expands tax exemptions to other banks
Turkey has expanded the scope of tax, duty, and fee exemptions applicable to foreign exchange-earning activities by
Read More
Turkey raises withholding tax on money market funds
Turkey’s Revenue Administration has announced that Presidential Decision No. 11734, published in the Official Gazette
Read More
Turkey: Revenue Administration updates tax penalty reduction guide
Turkey’s Revenue Administration has updated and published the Guide on the Tax Penalty Reduction Application,
Read More
Turkey introduces nuclear energy tax exemptions, establishes vehicle excise floors
Turkey has enacted Law No. 7590, introducing several tax measures, including reforms to the special consumption tax
Read More
Turkey 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
Read More