CORPORATE TAX LAW 102 – Tax ID, Cycles, Submission of Declarations & Invoicing in Turkey

A. Overview As summarized in our previous article (Corporate Tax 101), Turkey has a rather complex tax system with regulated by numerous laws and secondary regulations, especially when it comes to corporate tax. As noted above, there are different tax cycles and different durations for submissions of tax declarations, depending on the tax type. In …

CORPORATE TAX LAW 101 – BEGINNER’s GUIDE FOR FOREIGN INVESTORS

A. Overview Turkey has a complex tax system implemented with numerous separate laws, regulations, communiques and subsequent amendments. Accordingly, the main legal texts regulating the Turkish Tax System are the Tax Procedure Law No. 213 dated January 4, 1961 (Tax Procedure Law), Corporate Tax Law No. 5520 dated June 13, 2006 (Corporate Tax Law), Value …

Digital Services Tax Introduced in Turkey

New Legislation on Digital Services Tax Implemented in Turkey Law No: 7194 (the Law) on Digital Services Tax and amendment of some laws and amendment of the Decree No: 375 was published at the Turkish Official Gazette on 07.12.2019. The legislation includes numerous major tax measures including but not limited to tax on digital services, tax on hotel …

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