international congresses – Muhasebe News https://www.muhasebenews.com Muhasebe News Fri, 31 Mar 2017 07:22:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 Are the Profits made from congresses held extrinsically in Turkey by limited taxpayer companies subject to tax? https://www.muhasebenews.com/en/are-the-profits-made-from-congresses-held-extrinsically-in-turkey-by-limited-taxpayer-companies-subject-to-tax/ https://www.muhasebenews.com/en/are-the-profits-made-from-congresses-held-extrinsically-in-turkey-by-limited-taxpayer-companies-subject-to-tax/#respond Fri, 31 Mar 2017 07:22:59 +0000 https://www.muhasebenews.com/?p=12446 If limited taxpayer companies (which have no office or permanent representative in Turkey and cannot make profit through an office or a permanent representative) make profit from international congresses held in Turkey, their profit will not be regarded as commercial earning; it will be regarded as an incidental income and then be taxed.

Accordingly, if limited taxpayer companies make profit (it should be subject to tax) from incidental income, those companies should make a notice with a special declaration within 15 days after the date of acquisition.

Source: Corporate Tax Law

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