Turkey raises withholding tax on non-TEFAS equity fund gains

Turkey’s Tax Administration has issued revised Special Consumption Tax (SCT) rates for certain petroleum products, following the reinstatement of the fuel price stabilisation mechanism. The decision, based on Presidential Decision No. 10995 of 4

The Turkish Revenue Administration has announced updated special consumption tax (SCT) amounts for certain petroleum products following the reintroduction of the fuel price stabilisation mechanism. The changes were implemented under Presidential

Turkey’s government has submitted a draft Omnibus Law to the Grand National Assembly on 2 March 2026, proposing amendments to a range of financial and administrative laws. The legislation targets tax fairness, social support, and regulatory

Turkey’s Revenue Administration has announced the start of the annual income tax declaration period for individuals for the 2025 calendar year. Taxpayers can submit returns from 1 March to 31 March 2026. Individuals whose income is derived

Turkey’s Revenue Administration has released an official guide explaining Provisional Article 67 of the Income Tax Law, which addresses the taxation of financial investments for individual taxpayers. The guide details the treatment of various

Turkey’s Tax Administration has issued guidance on a 5% tax reduction available to compliant taxpayers for the 2026 filing period. The incentive applies to individuals earning business, agricultural, or professional income, as well as most