According to first Paragraph, Subparagraph (i) of Article 5 of Corporate Tax Law No. 5520, earnings which are obtained for five accounting periods within the framework of the procedures to be determined by Ministry of Republic of Turkey by taking the opinion of the relevant Ministry and are obtained from the operating of preschool education, primary education, private schools and secondary education schools, private kindergartens and day-care centers and rehabilitation centers affiliated to foundations or public interest associations to which are given exemptions by the Council of Ministers or tax-exempt associations, shall be exempt from the corporate tax and this exemption shall commence from the accounting period in which the schools, nursery and day-care centers and rehabilitation centers mentioned are started to be operated.
Kindergartens and day-care centers must have been operated as of 01.01.2017 in order that these institutions benefit from the aforementioned exemption.
It is not possible to benefit from the mentioned exemption for the earnings arising from operating the kindergartens and day-care centers that started to be operated before this date.
Taxpayers who want to benefit from this exemption can benefit from it as of the accounting period in which they were put into operation with the permission of opening an institution issued by the relevant Ministry and they do not need to apply to the Ministry of Finance of Republic of Turkey in order to benefit from this exemption.
