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18October2021

Amendments on R&D and Technology Region Incentives

Amendments on R&D and Technology Region Incentives

In Official Gazette numbered 31631 and dated 17.10.2021, an important Presidential Decision has been published with regards to the employees working remotely under the scope of technology development and R&D regions.

With that decision, the income tax incentive time rate of 20% that is applied for the time performed outside of R&D and technology development regions will be applied as 50% until 31.12.2022 for the R&D and technology development employees.

You can reach the related Official Gazette via the link (In Turkish.)

Should you have any queries or need further details, please contact your customer representative.

Written by Erdoğdu Onur Erol, Posted in Taxation Law

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