According to the latest issue of the Official Gazette, the corporate tax rate, which is currently applied as 20% in Turkey, will be increased to 25% for 2021 and 23% for 2022 for corporate incomes. The new tax rate will be in effect starting from April 22, 2021. It will apply to the whole of […]
Turkey Introduces Digital Services Tax (DST) Through Law No. 7194
Digital Service Tax has been introduced by the Law Numbered. 7194 published in the Official Gazette dated 07.12.2019. The law enforces a new tax liability as a Digital Services Tax. (DST)
Incentives Provided for Foreign Investors in Turkey
Turkey offers a lot of opportunities for foreign investors with the country’s low operating costs, local manufacturers, unpenetrated markets and high consumer spending. There are also other benefits such as the right to paying no double taxation, if you are a foreign investor in Turkey you only pay taxes in Turkey…
Regulatory and Supervisory Authorities in Turkey
Turkish regulatory and supervisory authorities are established to manage, supervise and oversee different types of markets and market activities in agreement with these regulations or malfunctions that may occur.