Tag: tax

Turkey Extends VAT Exemption for Machinery According to the news published by Tax News, on December 24, 2019, a law was published in Turkey's official...

Turkey’s Revenue Statistics 2019 – OECD According to the Revenue Statistics report published by the Organization for Economic Co-Operation and Development (OECD), the tax-to-GDP ratio...

Turkey adopts law raising tax revenue from high earners According to the news of Daily Sabah, the Turkish Parliament ratified on Thursday new laws on...

Turkish parliament ratifies new taxes According to the news of Hürriyet Daily News, the Turkish parliament on Nov. 21 ratified a law that brings new...

How are taxpayers' liaison offices opened in Turkey taxed? Liaison offices are established and operated in accordance with the regulations in the Foreign Capital Framework...

Are foreign companies which open a branch in Turkey subject to corporate tax? A company which is based in a foreign country wants to open...

Do we calculate the stamp tax declaration of an agreement according to the period it covers? We made a 5-year rental agreement for a branch...

Income tax calculated on the declaration is paid in two equal installments in March and July of 2019. The first installment must be paid...

Pre-filled income tax return system is a service, in which Turkish Revenue Administration prepare pre-filled tax returns by using data held from its data...

Deductions with respect to income to be declared by an annual tax declaration are specified in Income Tax Law and in other relevant laws....