Overseas Earnings Monitoring Program The Tax Inspection Board announced the launch of the Overseas Earnings Monitoring Program on September 28, 2026. For individuals residing in Turkey who hold bank accounts, investment accounts, companies, real estate, or any source of income abroad, their tax declarations in Turkey will now be more systematically cross-referenced with international data via CRS (Common Reporting Standard) and CbCR (Country-by-Country Reporting). Primarily,

Restructuring of Social Security Institution (SSI) Debts The upper ratio limit for the deferral procedures of debts owed to the SSI has been lifted until August 31, 2026. For deferral applications to be made until August 31, 2026, those requesting payment in installments exceeding 36 months will be required to submit: a very difficult financial situation report and a financial status notification form, whereas these documents will not be required from those requesting payment

Law No. 7582 The “Draft Law on Amending Certain Laws”, submitted to the Grand National Assembly of Turkey on May 5, 2026, has been adopted with amendments made in the Planning and Budget Committee of the Parliament. The draft has not yet been approved by the President and has not been published in the Official Gazette. More detailed information on the subject will be provided following the enactment of secondary legislation. Asset Amnesty: Assets located abroad consisting of

Inbound Outbound Service Invoices . Corporate Income Tax Application To consider invoices related to services procured from abroad (consultancy, subscription/monthly usage fees, market research, etc.) as deductible expenses for corporate income tax purposes, the following conditions must be met: - The service must be provided by a resident firm abroad. - The company in Turkey must have a genuine and demonstrable need for the service in question. - The service must be utilized

Corporate Income Tax declaration period has begun - Tax returns can be submitted until April 30, 2026 - If the exemptions and deductions included in the tax return exceed a certain threshold, a Certified Public Accountant (CPA) report will be required for these deductions and exemptions - The general corporate income tax rate is 25%, with a 5-point deduction for outbound service exports and a 1-point deduction for production-derived earnings of companies holding an industrial

Income Tax Return Individuals with wage income, rental income, securities income (interest, Eurobonds, overseas stocks, etc.), or real estate/vehicle trading income exceeding certain limits must file an annual income tax return this month (by March 31, 2026). Which wage incomes require a tax return? For the year 2025: - Total gross wage income from one or more employers exceeding 4.3 million TL (roughly 230 thousand TL net per month) - In case of receiving wages from multiple

Obligation of Sworn Financial Advisor (SFA) report for exemptions and exceptions An SFA report has become mandatory for numerous exemption and exception applications. Details are provided in Communiqué No. 49. Official Gazette: https://www.resmigazete.gov.tr/eskiler/2025/12/20251230-8.htm In the 2025 corporate and personal income tax returns, an SFA report will be required to benefit from the following exemptions and deductions in amounts of 500,000 TRY and above: - Technopar

3% investment obligation for companies located in Technoparks and Tekmers There is a 3% investment obligation for companies operating in these zones if the exempted earnings utilized or R&D expenditures claimed in their 2024 corporate tax returns exceed 2,000,000 TRY. This investment must be made by December 31, 2025. Eligible avenues for making this investment include: • Purchasing shares of Venture Capital Investment Funds (VCF), • Capital contributions to Venture Capital I

The Tax Administration has adopted the view that certain invoices issued within the scope of the Technopark earnings exemption (incentivized income) cannot be evaluated within the scope of the exemption. . Accordingly; - In cases where the project output is not custom-made for the client and the same software or service is invoiced to multiple clients, the derived earnings are evaluated as “mass production activity”. - In this case, a portion of the project revenues must be s

MASAK - Suspended Transaction Reporting (STR) MASAK has published a new guide for Certified Public Accountants. According to this guide, if Certified Public Accountants encounter any suspicious or potentially suspicious situations during their clients' invoicing and payment processes, they are required to report this situation to MASAK within a maximum of 10 days. If the Certified Public Accountant fails to comply with the reporting obligation, administrative fines ranging fr

Technopark salaries are now subject to a limitation on the amount of tax incentives. The regulation takes effect on August 1st. Under the personal income tax incentive, for salaries paid to personnel, company owners, and partners: - No incentives will be applied to amounts exceeding 40 times the gross minimum wage. - Income tax and stamp duty exemptions will remain valid within this threshold. https://www.resmigazete.gov.tr/eskiler/2025/07/20250724-2.htm . Amendments made to

TOBB Breath Loan is launching - Applications start on July 8-9 - Credit Guarantee Fund (KGF) guarantees loans with equity support - Loans have a maximum maturity of 36 months with a 6-month grace period - Maximum loan amount is 2.5 million TL - Ziraat, Halkbank, Vakıfbank, Akbank, YKB, Denizbank, and Ziraat Katılım are the banks where applications can be submitted https://www.tobb.org.tr/Sayfalar/Detay.php?rid=31633&lst=MansetListesi . ETDS System Starting July 1st, some comp

Deadline for KVKK VERBIS notification is June 04, 2025 - Total assets in the 2024 balance sheet amounting to 100 million TRY and above - Number of employees being 50 and above in more than half of the year 2024 Enterprises operating in fields such as medical centers, clinics, hospitals, medical imaging and diagnostic laboratories, pharmacies, aesthetic centers, and similar healthcare institutions, as well as public institutions, are required to file a VERBIS notification. Tho

Vehicle Identification Unit (VIU) 2025 Year Price Discount Regulation It has been decided to apply a discounted fee of 2,172 TRY (including VAT) instead of the 2,791.45 TRY (including VAT) VIU price determined for the year 2025. For the price difference of 619.45 TRY: - If the installation has been completed and the invoice has been issued: Various supports and advantages will be provided up to this amount. - If the installation has not been completed yet and the invoice has

Individuals (income tax payers) are required to declare their income in March. Examples of income that must be declared: Salaries and attendance fees (if the annual gross exceeds 3,000,000 TL, receiving salaries from two different employers (230,000 TL - under certain conditions), etc.) Rental income (33,000 TL, 230,000 TL - under certain conditions) Real estate purchase and sale gains (under certain conditions) Vehicle purchase and sale gains (under certain conditions) Inter

Inflation accounting practices clarified Year 2024 - Companies with 2023 revenues exceeding 50 million TRY: Applied inflation adjustments as of the 2nd and 3rd provisional tax periods in 2024. Inflation adjustments will also be applied at the end of 2024. - Companies with 2023 revenues below 50 million TRY: Will apply inflation adjustments at the end of 2024. Year 2025 - Regardless of turnover classification, all companies subject to balance sheets will appl

Occupational Health and Safety (OHS) Obligation Companies without employees: There is no OHS obligation. Companies in the "low-hazard" class with 1-50 employees: The OHS obligation has become effective as of January 1, 2025. Businesses with more than 50 employees or operating in the "hazardous" or "very hazardous" class: The OHS obligation has been in effect since 2016. Penalties (2025): Penalty for failing to appoint an occupational safety specialist: 88,663 TRY for each vio

Hoping that 2025 brings peace and abundant earnings :) . The minimum wage has been determined While the public administration increased taxes and fees by 43%, it implemented a 30% increase in the minimum wage. According to the new regulation: - Net Minimum Wage: 22,104.67 TRY/month - Cost to the Employer: 30,621.48 TRY (with the 5-point deduction) - SSI Base: 26,005.50 TRY/month (Gross minimum wage) - SSI Ceiling: 195,041.40 TRY (7.5 times the gross minimum wage) - Bağ-Kur Pr

Technopark earnings exemption %3 investment obligation In the 2023 corporate tax return, if the earnings subject to the exemption exceed 2 million TL, there is an obligation to invest 3% of this amount. This investment must have been disbursed from your bank accounts by 31.12.2024. Otherwise, a loss of tax advantage equal to 20% of the amount declared within the scope of the exemption may occur. Areas where investments can be made: - Capital injection to companies located in

New Tax Regulation on E-Commerce According to the communique draft published on November 4, a withholding tax application on e-commerce transactions will be introduced as of 2025. Withholding Tax Rates - For sole proprietorships: 25% - For corporate entities (Ltd., Inc.): 15% Marketplaces or intermediary service providers will deduct this withholding tax from the amounts collected on behalf of the sellers and pay the remaining amount to the sellers. Calculation and Applicatio