The guidebook on rental incomes for non-resident taxpayers in Türkiye

According to the Income Tax Law No.193, incomes of real persons are subject to the income tax. Income items subject to the income tax are commercial incomes, agricultural incomes, salaries / wages, incomes from independent personal services, incomes from immovable property and rights (rental incomes), incomes from capital investment and other income and gains.

By |2022-03-23T13:38:51+03:0023 March 2022|News|0 Comments

Consumer price index (CPI) increased by 54.44% annually and 4.81% monthly in Turkiye

A rise in general index was realized in CPI (2003=100) on the previous month by 4.81%, on December of the previous year by 16.45%, on same month of the previous year by 54.44% and on the twelve months moving averages basis by 25.98% in February 2022.

By |2022-03-21T11:32:36+03:0021 March 2022|News|0 Comments

Foreign companies operating in technology development zones by opening companies in Turkey will also be able to benefit from support and incentives

Foreign companies operating in technology development zones by opening companies in Turkey will also be able to benefit from support and incentives such as income tax, corporate tax, VAT, SGK premium, Customs tax, Stamp tax, grants and incentives provided to companies in these regions. . low interest loans.

By |2022-03-18T13:41:24+03:0018 March 2022|News|0 Comments

Declaring a Wage Earned in Turkey with an Annual Declaration

In case the wage income received from a single employer and taxed through deduction in 2021 exceeds the amount in the fourth income bracket of the Turkish income tax tariff (650.000 TL for 2021), it will have to be declared to the tax office with its annual declaration in Turkey. If the wage income does not exceed the amount in the fourth income bracket of the tax tariff (650,000 TL for 2021), an annual return will not be submitted. These incomes will not be included in the return.

By |2022-03-16T10:47:08+03:0016 March 2022|News|0 Comments

Exception for Earnings from the Operation and Transfer of Ships Registered in the Turkish International Ship Registry in Turkiye

Earnings from the operation and transfer of ships and yachts registered in the Turkish International Ship Registry are exempt from income and corporate taxes and funds.

By |2022-03-16T10:31:02+03:0016 March 2022|News|0 Comments

Will the amount of support provided for R&D, innovation and design activities be considered as income in the determination of taxable income in Turkiye?

March 5, 2022 According to Law No. 5746, those engaged [...]

By |2022-03-05T16:03:22+03:005 March 2022|News|0 Comments

Can the R&D deduction amount, which cannot be deducted due to insufficient earnings in the relevant period, be carried over to the next accounting periods in Turkey?

March 5, 2022 The amount of R&D deduction, which cannot [...]

By |2022-03-05T15:56:02+03:005 March 2022|News|0 Comments
Go to Top