Tourism Share Application Is Starting on 1 October 2019
7183 numbered “Law on Turkish Tourism Promotion and Development Agency” has been published in the Official Gazette numbered as 30832 on 15.07.2019.
Purpose of the Law: In order to ensure Turkey reaches its tourism targets; the Law regulates rules and procedures on promoting tourism opportunities around the globe, adding value to state economy by analyzing tourism potential, conducting activities to increase tourism’s share in the state economy, increasing service quality in the tourism sector, establishing, managing and inspecting Turkish Tourism Promotion and Development Agency with the goal of providing funds.
Within the scope of the related Law, it has been decided to establish “Turkish Tourism Promotion and Development Agency” and to start the application of collecting Tourism Share as of 01.10.2019 in order to fund the agency’s activities.
Tourism Share collection rates are set as;
- Compound facilities and accommodation facilities, (7,5 per Thousand)
- Ministry licensed food & beverage and entertainment facilities, (7,5 per Thousand)
- Sea tourism facilities and Ministry licensed sea tourism vehicles (7,5 per Thousand)
- Travel agencies (sole plane ticket sales are excluded) (7,5 per Ten Thousand)
- Airline facilities (activities of commercial passenger transportation) (7,5 per Ten Thousand)
- Facilities in airports and bus terminals, the ones managed by Directorate General of State Airports Authority are excluded, are subject to tourism share payment with the rate of 2 per Thousand calculated over their investors’ or business managers’ total net sales and rent revenues.
These rates will be executed with %50 discount for tourism types considered as to receive incentives by the Ministry such as winter, thermal, health, rural, and qualified sports.
Tourism Share Declaration and Payment;
Shall be declared to the relevant tax office registered for income and corporate tax, until end of 24th day of the month following the taxation period of which VAT taxpayers are subject to,
And shall be paid until the end of 26th day. Declaration is to be submitted from GİB e-beyan system. As the application starts on 01 October 2019, first declaration is to be submitted and paid in November.
Transmission Authorization of Declaration;
The Ministry of Treasury and Finance is the authorized party, by receiving the Ministry of Culture and Tourism’s counsel, to determine rules and procedures of approval and signing of the declarations regarding tourism share, within the scope of the Law on Certified Public Accountants and Sworn Certified Public Accountants, numbered 3568.
Recognition of Paid Tourism Share as Expense;
Paid Tourism share will be considered as expense by corporate tax and income tax payers in determination of the basis earnings.
“Turkish Tourism Promotion and Development Agency” is exempt from stamp tax regarding the documents to be prepared due to its activities with in the scope of the Law.
You can access details of the relevant circular in Turkish from here.
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