03Şub3 Şubat 2020

Taxation of corporations with foreign shareholders in Turkey

Turkey - Taxation of corporations with foreign shareholders This booklet was prepared by PricewaterhouseCoopers Turkey to provide foreign investors considering investing in Turkey with a broad outline of the tax regulations. It reflects the current tax law or practice in Turkey This booklet is not intended for definitive investment advice but merely as an explanatory guide. We would strongly recommend that readers seek professional advice before making any decisions. The fact that Turkish tax regulations are subject to frequent changes should also be borne in mind.

I. INCORPORATION OF COMPANIES OR BRANCHES IN TURKEY

1.1 Approval requirement

Real...

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03Şub3 Şubat 2020

A VAT Guide in Turkey

A VAT Guide in TURKEY

INTRODUCTION This guide has been prepared by Pricewaterhouse Coopers to provide a summary of the VAT law in Turkey. It reflects the current tax law as at March 1999. This booklet is not intended as definitive advice, but merely as an explanatory guide, and we would strongly recommend that readers who have specific queries regarding the VAT system in Turkey seek professional advice. General overview The Turkish tax system charges value added tax on the supply and the importation of goods and services. The Turkish name of Value Added Tax is Katma Değer Vergisi, abbreviated to KDV. Liability for...