31July2026

Submission Deadline Extended for Special Purpose Sworn-in CPA Reports under Presidential Decision No. 7846

The Revenue Administration has extended the submission deadline for Special Purpose Sworn-in CPA Reports required under Presidential Decision No. 7846 through VAT Circular No. KDV-71/2026-1, dated July 27, 2026.

The extension applies to taxpayers who:

Carried out imports under Presidential Decision No. 7846 during the first half of 2026 and
Had an import value exceeding TRY 2,600,000.

Author Selma Kıy, Category Taxation Law

14July2026

Safe Harbors and Applicable Jurisdictions Determined under the Global Minimum Corporate Income Tax Regime

With the Presidential Decree No. 11511, published in the Official Gazette No. 33307 dated July 11, 2026, the jurisdictions to be designated as Safe Harbors under the Domestic and Global Minimum Top-up Tax regime, the jurisdictions applying the Global Minimum Top-up Tax pursuant to the Qualified Income Inclusion Rule (IIR), and the jurisdictions applying a Qualified Domestic Minimum Top-up Tax (QDMTT) have been determined.

Author Selma Kıy, Category Taxation Law

08July2026

2026 II. Period Travel Expense Amounts Exempt from Income Tax

With regard to the financial and social rights to be applied in the second half of 2026, the Circular dated July 3, 2026 and numbered 27998389-010.06.02-4870801, issued by the General Directorate of Public Financial Management and Transformation of the Ministry of Treasury and Finance, has been published.

Author Selma Kıy, Category Taxation Law

09July2026

Income Tax Exemption for Employees' Wages in Qualified Service Centers

On July 4, 2026, the Income Tax General Communiqué (Serial No. 334) was published in the Official Gazette No. 33300, setting out the procedures and principles governing the implementation of the wage income tax exemption introduced under Article 23 of the Income Tax Law No. 193 by Law No. 7582.

Under the Communiqué, the portion of the wages paid to qualified service personnel employed in Qualified Service Centers, as defined in Additional Article 1 of the Foreign Direct Investment Law No. 4875, up to three times the gross minimum wage is exempt from income tax.

Author Selma Kıy, Category Taxation Law