乐鱼(Leyu)体育官网

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Turkey: Updated guides on taxation of business income

Details on exemptions, computations, and compliance requirements

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March 17, 2025

The Ministry of Treasury and Finance on February 11, 2025, issued an updated guide on taxation of business income under the Income Tax Law. It details tax obligations, exemptions, income calculations, and compliance requirements for individuals in commercial activities.

The Ministry of Treasury and Finance on February 10, 2025, also issued an updated guide on the simple method of taxation of business income governed by the Individual Income Tax Law (IITL). It provides clarity on the conditions for eligibility, tax computation, reporting requirements, and best practices for transitioning between simple and real taxation methods.


For further information, contact a 乐鱼(Leyu)体育官网 tax professional in Turkey:

Erdem Erdem |聽erdemerdem@kpmg.com

艦aban Atu莽uran |聽satucuran@kpmg.com

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