Income Tax Calculation in Turkey
Use our Turkey Salary Calculators to effortlessly calculate gross-to-net salaries, income taxes, and total employer costs. Stay up-to-date with accurate tools for 2024, covering net-to-gross conversions and tax liabilities.
Double Taxation Law in Turkey
Turkey’s Double Taxation Agreements (DTAs) offer relief from double taxation by defining tax residency, income categories, and providing exemptions. These agreements enhance investment, ensure tax compliance, and reduce cross-border tax barriers with countries like Germany, the U.S., and the U.K.
Calculation Of Severance And Notice Pay in Turkey
The calculation of severance and notice pay in Turkey is governed by Turkish labor laws. Severance pay is due to employees who have completed at least one year of employment, while notice pay is required when either the employee or employer terminates the employment contract without proper notice. OzbekCPA provides guidance on how these payments are calculated and ensures compliance with Turkish labor regulations.
Personnel Files in Turkey
Discover the essential documents that must be kept in a worker’s personal file by employers, as per Article 75 of the labor law. This includes identity details, employment contracts, medical reports, and other legally mandated records.
Capital Increase in Turkey
When businesses in Turkey need additional capital to support their growth, they can opt for capital increase by cash or in-kind contributions. OzbekCPA specializes in guiding companies through the capital increase process, ensuring compliance with regulations and facilitating smooth operations.