Home Tax Is there a Deduction of Research and Development in Turkey?

Is there a Deduction of Research and Development in Turkey?

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Being valid from 31.07.2004, 40% of expenditures oriented to new technology and searching of knowledge realized in the structure of enterprise and being valid from 01.04.2008 100% of these expenditures can be deducted from the corporate income declared by annual tax return.

Source: Revenue Administration

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