Category Tax Law

Stoppage tax in Turkey, plays a crucial role in the country’s tax system by ensuring timely collection of taxes on various income types. Employers and entities making payments deduct stoppage tax at the source before distributing income to recipients. This…

At Finlexia Accounting Firm, we specialize in withholding tax in Turkey, crucial for businesses and individuals with financial interests in the country. Withholding tax, or “stopaj vergisi,” applies to various income streams including dividends, interest, rent, and service payments made…

Stamp tax in Turkey, referred to as “damga vergisi” in Turkish, is a crucial fiscal levy applied to various legal documents and transactions conducted within Turkey. This tax is mandated by law to validate the authenticity and legality of documents,…

Personal income tax in Turkey (PIT) is governed by the Income Tax Law and applies to residents’ worldwide income and non-residents’ income generated in Turkey. Taxable income includes salaries, wages, self-employment earnings, dividends, rental income, and capital gains. Understanding deductions…

Rental income tax in Turkey applies to both Turkish residents and non-residents earning income from renting out properties. The tax is calculated based on the gross rental income received throughout the fiscal year. Table of Contents Property owners can deduct…

Corporate taxes in Turkey, governed by Corporate Tax Law No. 5520, play a pivotal role in the country’s fiscal system. Understanding how corporate taxes are calculated is essential for compliance and optimal financial planning. Companies must start by determining their…

Value Added Tax, VAT in Turkey is a pivotal aspect of the country’s tax system, influencing both businesses and consumers at multiple stages of production and distribution. As a consumption tax, VAT is levied on the supply of goods and…

Understanding the complexities of Turkish Dividend Tax Law is essential for both companies and investors to ensure legal compliance and optimize financial outcomes. This law governs the taxation of dividends, which are profits distributed by a company to its shareholders.…

VAT for foreign e-commerce companies in Turkey is a taxation mechanism that aims to capture the revenue generated by digital services provided to Turkish customers. Companies that exceed the revenue threshold set by Turkish tax authorities are required to register…

Special VAT liability for electronic service providers in Turkey is a taxation mechanism that aims to capture the revenue generated by digital services provided to Turkish customers. Companies that exceed the revenue threshold set by Turkish tax authorities are required…