Turkish Revenue Administration Published Drafts on The Application, Return and Notification Forms Regarding The Global Minimum Top-Up Corporate Income Tax

On 8 April 2026, the Turkish Revenue Administration published an announcement regarding the application, tax return and notification forms related to the Global Minimum Top-up Corporate Income Tax (“Global MTT”). With this announcement, explanations were provided concerning both Global MTT taxpayers and Turkish constituent entities of in-scope Multinational Enterprise (MNE) groups, and draft tax returns…

Sworn-in CPA Certification Requirement for Tax Exemptions and Deductions

The General Communiqué on the Certified Public Accountant and Sworn Public Accountant Law (No. 49), published in the Official Gazette dated December 30, 2025 and numbered 33123, introduces new certification requirements for exemptions, deductions, and applications in income and corporate tax returns. Below is a summary bulletin containing the highlights of the Circular covering the…

Important Amendments to the Corporate Income Tax General Communiqué

Important Amendments to the Corporate Income Tax General Communiqué The amendments to the Corporate Income Tax General Communiqué No. 1, through Communiqué No. 23, have been published in the Official Gazette, dated 28/9/2024. This Communiqué outlines the significant regulations introduced by seven different laws enacted over the past three years and updates certain figures and…

Turkish Tax Authorities Released Draft Secondary Legislation on Pillar 2

The “Local and Global Minimum Top-Up Corporate Income Tax” (MTUT) regulation, which entered into force in Turkey on August 2, 2024, and was added to Corporate Income Tax Law No. 5520, represents a significant turning point in the global taxation architecture. These regulations, in line with the Model Rules and Commentary established by the OECD/G20…

Pillar 2 Analysis for Turkish Subsidiaries of Foreign MNEs

As the global tax landscape undergoes a monumental shift with the implementation of the OECD’s Pillar 2 framework, Türkiye has positioned itself as a proactive early adopter. This has direct and significant consequences for the Turkish subsidiaries of multinational enterprises (MNEs), particularly those whose parent companies are based in jurisdictions implementing the new rules from…

Proposed Amendments to Tax Laws in Türkiye

A new legislative proposal, “Law Proposal on Amending the Law on the Protection of the Value of Turkish Currency and Certain Laws,” has been submitted to the Turkish Grand National Assembly (TBMM) on June 16, 2025. This proposal aims to combat informality, strengthen tax justice, limit deductions and exemptions, increase the share of direct taxes…

Exemption Rate for Capital Gains on Disposal of Participation Shares Reduced to 50%

With the “Presidential Decree No.9160 on the Amendment of the Exemption Rate in Paragraph (e) of the First Clause of Article 5 of the Corporate Tax Income Law (the CIT) No. 5520” published in the Official Gazette dated November 27, 2024 and numbered 32735, the exemption rate under Article 5/1-e of the CIT Law has…