Digital Transformation in Tax Auditing: Proactive Analysis and Risk Management with KURGAN
The tax auditing approach in Turkey has undergone a significant transformation process with the widespread adoption of digitalisation and data analytics technologies. Developed by the Ministry of Treasury and Finance, KURGAN (Institutional Supervised Analysis System) offers an artificial intelligence and big data-based analysis model, differing from the traditional tax audit approach, thereby making audit processes […]
Company Valuation Services with Capital IQ
Two elements are fundamental to achieving a sound and defensible result in company valuation work: reliable data and a consistent analysis methodology. In the company valuation projects we carry out in Turkey as ÖzbekCPA, we compare your company with its peers using market and financial data obtained from international financial data platforms, support the resulting […]
German Tax Residency and Residence Status: Assessment under Articles 4 and 16 of the Turkey–Germany Double Taxation Agreement
For individuals who are resident in Turkey but have a residence in Germany and spend certain periods of time in Germany during the year, tax residency and the associated risk of full tax liability are among the most critical compliance issues. Particularly when serving as a general manager/member of the management body in a company […]
Corporate Tax CPA Certification Requirement Guide
As of the 2025 fiscal year, certain exemptions and deductions declared in the corporate income tax return are subject to mandatory certification by a Sworn-in Certified Public Accountant (CPA). This regulation constitutes a significant compliance and risk management issue, particularly for companies benefiting from high-value tax incentives. Below is a systematic overview of the main […]
Green Deal Compliance Project Support: Compliance, Risks, and Integration from an Accounting and Advisory Perspective
OzbekCPA Assessment The European Green Deal is not merely an environmental transformation for companies; it represents a comprehensive shift that directly impacts financial reporting, cost structures, tax compliance, accounting systems, and corporate governance. In Türkiye, the Green Deal Compliance Project Support has been introduced to facilitate this transition. When structured correctly, this support mechanism offers […]
Green Deal Compliance Project Support: Compliance, Risks, and Integration from an Accounting and Consulting Perspective
ÖzbekCPA Assessment The European Union Green Deal process is not only an environmental transformation for companies; it is also a comprehensive transformation process that directly affects the areas of financial reporting, cost structure, tax compliance, and corporate governance. The Green Deal Compliance Project Support, implemented in Turkey to support compliance with this transformation process, creates […]
Inventory Stock Counts in Turkey and Their Tax Implications
Inventory stock counts are a mandatory and critical component of tax compliance in Turkey. While often perceived as a purely operational or accounting task, stock counts directly affect corporate tax bases, VAT deductions, and audit exposure. For companies operating in Turkey—especially foreign-owned entities—differences between physical inventory (actual stock) and accounting records can result in unexpected […]
Partial Income Tax Exemptions for Investment Funds and Partnerships in Turkey
Under Turkish tax legislation, certain investment funds and investment partnerships benefit from partial corporate income tax exemptions, meaning that only specific types of income, rather than all profits, are exempt from taxation.The purpose of this regulation is to diversify capital markets and increase investor participation by providing targeted tax incentives. Conditions for the Exemption Application […]
Renewable Energy and Public–Private Partnership (PPP) Project Tax Exemptions in Turkey
In Turkey, companies investing in renewable energy projects and Public–Private Partnership (PPP) projects may benefit from partial corporate income tax exemptions on profits earned during specific periods.These incentives are designed to encourage private-sector participation in large-scale public investments and to support strategic projects in key sectors. Conditions for the Exemption Application and Explanation These tax […]
Overseas Construction, Repair, Assembly, and Technical Service Tax Exemption in Turkey
Turkey provides a corporate income tax exemption for profits derived from construction, repair, assembly, and technical service projects carried out abroad by Turkish resident companies.This regulation aims to enhance the international competitiveness of Turkish contractors and engineering firms in global markets. Conditions for the Exemption Application and Explanation The exemption applies only to services physically […]