Tax Environment in Turkey
Global tax regulations, especially the BEPS 2.0 reforms developed under the OECD/G20 Inclusive Framework, are reshaping the tax approaches of many countries, including the tax environment in Turkey. While Pillar One has not yet been fully implemented in Turkey, Pillar Two – the global minimum tax – entered into force on January 1, 2024. Since […]
Dispute Prevention Through Advance Tax Rulings (ATRs) and Advance Pricing Agreements (APAs) in Turkey in the Post-BEPS Era
With the rise of globalization and cross-border operations, tax disputes between multinational enterprises (MNEs) and tax administrations have become more frequent and complex. Key areas of conflict include transfer pricing, allocation of taxing rights, and risks of double taxation. To mitigate these challenges, Advance Tax Rulings (ATRs) and Advance Pricing Agreements (APAs) have become essential […]
Transshipment Business in Turkey
Smart & Tax-Free Trading Between Borders Are you exploring new ways to optimize your global trade operations? Transshipment business in Turkey offers a highly efficient, tax-free solution for international traders. Thanks to Turkey’s strategic location between Europe, Asia, and the Middle East, it has become a preferred hub for transshipment business—the process of routing goods […]
Stamp Tax in Turkey: Legal Framework, Calculation, and Compliance Guide
Overview of Stamp Tax in Turkey Stamp Tax in Turkey is a transaction-based tax imposed on a wide range of documents, including contracts, payrolls, and financial statements. The applicable rates range between 0.189% and 0.948%, depending on the document type and monetary value involved. For salary payments, a 0.759% stamp tax is applied on the […]
Mergers & Acquisitions in Turkey: A 2025 Guide by ÖzbekCPA & Invest360go
Explore Turkey’s Dynamic M&A Environment Thanks to its evolving economy, strategic location, and growing market potential, Mergers & Acquisitions in Turkey continue to attract strong interest from both local and international investors. ÖzbekCPA, in collaboration with Invest360go.com, provides tailored advisory services for businesses involved in mergers, acquisitions, and joint ventures in the Turkish market. This […]
Tax Ruling in Turkey
At ÖzbekCPA, we guide our clients through Tax Ruling in Turkey with clarity and compliance.. One of the most effective tools for eliminating uncertainty in tax matters is the “tax ruling in turkey,” which allows taxpayers to request official interpretations of ambiguous or unclear tax provisions. What Is a Tax Ruling in Turkey ? A […]
Tax System in Turkey
Overview of the Tax System in Turkey The Turkish Tax System is structured into two main categories: direct taxes and indirect taxes. The direct taxation system primarily includes Personal Income Tax (PIT) and Corporate Income Tax (CIT), while the indirect taxation system includes Value Added Tax (VAT), Special Consumption Tax (SCT), Stamp Tax, Banking and […]
Foreign Branch vs. Company in Turkey – Key Differences & Best Choice
Companies with headquarters abroad can operate in Turkey by establishing a branch or a company. There are significant differences between these two structures, and in certain cases, setting up a branch may be more advantageous. Comparison of Foreign Branch and Company in Turkey Criteria Company Branch Legal Entity and Management Has an independent legal entity; […]
Types of VAT Withholding and Rates in Turkey (2025 Updated Guide)
VAT Withholding and Its Role in the Turkish Tax System VAT withholding (KDV Tevkifatı) is a mechanism applied in Turkey to secure tax collection and reduce the risks associated with informal economic activities in specific sectors. Under the Turkish VAT system, a portion of the VAT calculated on certain transactions is withheld by the purchaser […]
What is VAT Withholding Refund in Turkey?
VAT withholding refund is a tax reclaim process that allows businesses to recover excess Value Added Tax (VAT) that cannot be deducted due to withholding mechanisms. This process prevents financial losses from accumulated VAT balances and helps improve cash flow. In Turkey, VAT withholding is widely applied in industries such as construction, consultancy, workforce supply, […]
