Turkey: Income Tax

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Article
Nihai Faydalanıcı Değişikliği Durumunda Vergi Usulü Kanunu Yönünden Yerine Getirilmesi Gereken Yükümlülükler
Vergi kaçakçılığının önlenmesi, suç gelirlerinin aklanmasıyla mücadele edilmesi ve mali şeffaflığın artırılması amacıyla gerçek faydalanıcı bilgilerinin tespit edilmesi ve idareye bildirilmesi önem arz etmektedir. Bu kapsamda Hazine ve Maliye Bakanlığı tarafından hazırlanan 529 Sıra No.lu Vergi Usul Kanunu Genel Tebliği (“Tebliğ”), 13.07.2021 tarihli Resmî Gazete’de yayımlanarak aynı tarihte yürürlüğe girmiştir.
Turkey Tax
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Sakar Law Office
Article
Yeni Varlık Barışına Ilişkin Bazı Sorulara Cevaplarım
Tebliğde, gelir vergisi mükellefiyeti bulunmayan kişilerden varlık barışından yararlanmak isteyenlerin, Türkiye'de bulunan ancak hâlihazırda banka ve aracı kurumlarda bulunmayan para, altın, döviz, menkul kıymet ve diğer sermaye piyasası araçları için bildirimde bulunmak suretiyle uygulamadan yararlanabilecekleri belirtilmiştir. Bu açıklama kanuna aykırıdır
Turkey Tax
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BDO TURKIYE (DENET YEMINLI MALI MUSAVIRLIK A.S.)
Article
Obligations Under The Tax Procedure Law In The Event Of A Change In The Ultimate Beneficial Owner
In order to prevent tax evasion, combat money laundering and enhance financial transparency, the identification of ultimate beneficial owners and the reporting of their information to the relevant authorities have become increasingly important. Against this background, the Ministry of Treasury and Finance issued General Communiqué No. 529 on the Tax Procedure Law (the "Communiqué"), which was published in the Official Gazette on 13 July 2021 and entered into force on the same date.
Turkey Tax
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Sakar Law Office
Article
Hizmet Erbabına Pay Senedi Verilmek Suretiyle Sağlanan Menfaatlerde Ücret İstisnasına İlişkin Tebliğ’de Değişiklik Yapılmıştır
Turkey's Income Tax Law Article 17 has been amended to increase the exemption limit for employee stock options granted by techno-entrepreneurship companies to twice the annual gross salary, while simultaneously reducing the required holding periods. The new regulations, published in Official Gazette No. 33300, provide detailed guidance on calculating exemption thresholds and the tax implications of early disposal of shares.
Turkey Tax
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Nazali
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Yurt Dışından Elde Edilen Kazanç Ve İratlara (Gvk Mükerrer 20/D) İlişkin Gelir Vergisi İstisnasının Usul Ve Esasları Belirlenmiştir
Turkey introduces a new income tax exemption for foreign-sourced income earned by individuals who recently established tax residency in the country. The exemption applies to qualifying individuals who had no Turkish tax residency in the three years prior to becoming Turkish residents, subject to specific application procedures and documentation requirements.
Turkey Tax
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Nazali
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Yurtdışı/Yurtiçi Bazı Varlıkların Ekonomiye Kazandırılması
Turkey's latest asset amnesty program under Law No. 7582 offers individuals and corporations a final opportunity to declare undisclosed domestic and foreign assets—including cash, gold, foreign currency, securities, and capital market instruments—by July 31, 2027. By paying a 5% tax (or reduced rates of 0-4% with commitment terms), taxpayers can bring these assets into the formal economy while receiving immunity from tax audits and assessments on declared amounts.
Turkey Tax
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Nazali
Article
Comprehensive Amendments To Tax And Investment Legislation Now In Effect
The Law also enhances employee equity incentives available to technology startups. The income tax exemption applicable to shares granted to employees free of charge or at a discount is increased to twice the employee’s annual gross salary, while the holding period required to benefit from the full exemption is effectively reduced from twelve years to six years
Turkey Tax
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Herguner Bilgen Ucer Attorney Partnership
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