When we transfer the revenue obtained from our companies abroad to Turkey, how do our partners or company tax this revenue?
What will be the profit taxation rate, when the revenue obtained from our company located in the UK, and the relevant amount is transferred to the accounts of the company or person in Turkey?
The tax is calculated by combining with incomes in Turkey for the revenues and incomes obtained from companies or entities in Turkey. Taxes paid abroad, if any, are deducted from the calculated taxes. 15% income tax withholding is applied in profit distribution.
Source: İSMMMO
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