The 2023 Tax Circular is a comprehensive document that includes significant changes and new regulations in tax legislation. Through our circular service, we provide detailed explanations of the updated rules and procedures that taxpayers need to consider when fulfilling their obligations.n
TAX CIRCULAR: 2026-118 // Pursuant to the SGK General Letter, for constructions whose building class and group changed due to project revisions, calculations will be based on the updated class unit costs of the relevant years. In multi-block constructions, even if a partial clearance certificate is requested for only one block, the settlement inspection will take into account the completion levels of all finished sections within the file.
TAX CIRCULAR: 2026-117 // With the Communique published by the Ministry of Trade in the Official Gazette dated October 17, 2026, the capital increase deadline of December 31, 2026 for joint-stock (250,000 TL) and limited liability (50,000 TL) companies below the minimum capital thresholds has been extended until December 31, 2027.
TAX CIRCULAR: 2026-116 // With the communique amendment published in the Official Gazette on October 16, 2026, the finalized social security premium debt threshold causing exclusion from public tenders has been increased from 5,000 TL to 50,000 TL, effective from November 15, 2026.
TAX CIRCULAR: 2026-115 // With the amendment made to Article 107/A of the Tax Procedure Law by Law No. 7587 dated June 24, 2026; the obligation to use the electronic notification system has been introduced for corporate tax payers, income tax payers taxed on real basis due to their commercial/agricultural/professional earnings, collective and ordinary limited partnerships, and those on whose behalf a registration is made in the first acquisition of goods subject to registration and registry in the list numbered (II) attached to the SCT Law (motor vehicles). The procedures and principles of the application have been determined with the VUK General Communique No. 596, and the e-Notification system will continue to operate through the Digital Tax Office in its current form. Obligors who were not included in the system before 11/10/2026 must be included in the system by 30/11/2026.
TAX CIRCULAR: 2026-114 // The compliance period for the minimum capital amounts, which were redetermined as 250,000 TL for joint-stock companies and 50,000 TL for limited liability companies by Presidential Decree No. 7887, ends on December 31, 2026. Companies that do not increase their capital by the specified date will be deemed dissolved by Law.
TAX CIRCULAR: 2026-113 // In the calculations regarding the capital loss or technical insolvency situation within the scope of Article 376 of the Turkish Commercial Code No. 6102; the application period allowing the entire foreign exchange losses arising from unfulfilled foreign currency obligations and half of the total of certain expenses (lease, depreciation, personnel) in 2020 and 2021 to be excluded from the calculation has been extended until January 1, 2028.
TAX CIRCULAR: 2026-112 // It has become mandatory to explicitly state the proportion of the work to be performed at the workplace and remotely, as well as the working hours, in the written employment contract concluded between the employee and the employer.
TAX CIRCULAR: 2026-111 // As of September 17, 2026, employers who have restructured or deferred their past-due SGK debts and make regular payments will be able to obtain an online e-No Debt certificate through the system without the need for a physical application.
TAX CIRCULAR: 2026-110 // The procedures and principles regarding the 3,500 TL support per insured person for the period of 01/05/2026 - 31/12/2026 in private sector accommodation facilities with a tourism operation certificate have been announced with a circular published by SGK. Accordingly, provided that the workplace has no debts, declarations are submitted within the legal period, and earnings subject to premium are not underreported, this support can be utilized for employees subject to long-term insurance branches without the need for any application.
TAX CIRCULAR: 2026-109 // With the Presidential Decision No. 11734 dated September 4, 2026, the 0 percent withholding tax rate applied to incomes obtained from money market funds and free funds containing the phrase "money market" in their titles by taxpayers within the scope of the first paragraph of Article 2 of the Corporate Tax Law No. 5520 (capital companies and foreign institutions of similar nature, domestic and foreign funds) and foreign corporate investors such as country funds, institution and organization funds, and investment institutions operating exclusively for the purpose of securities investment in Turkey, has been redetermined as 10 percent. According to the decision, while the 10 percent rate is directly applicable for funds purchased after September 5, 2026, for funds purchased before this date, it will be applicable for the portion of the earnings corresponding to the period from the publication date of the Decision until the date it is sold. There is no change in the withholding tax rate applied to the investment fund incomes of real persons and institutions that are not currently within the scope of the 0 percent withholding tax rate application, and a withholding tax of 17.5 percent will continue to be applied over these incomes.
TAX CIRCULAR: 2026-108 // With the Tax Procedure Law (VUK) General Communique No. 538 published in the Official Gazette dated May 31, 2022, and numbered 31852, an obligation was introduced for intermediary service providers, social network providers, and hosting providers that mediate the publication of advertisements for the provision of buying, selling, or renting movable and immovable properties, goods, and services, to report certain information to the Revenue Administration electronically within a one-month period regarding the transactions they have carried out. However, following the cancellation decision made by the Third Chamber of the Council of State, changes were made to the said communique with the VUK General Communique No. 595, bringing clarity to the nature and content of the requested information and reorganizing the notification obligations.
TAX CIRCULAR: 2026-107 // As announced on the KOSGEB website, large enterprises, as well as SMEs, are now allowed to receive financing support, and the financing support covered by KOSGEB has been increased from 10 points to 12 points. The loan amount that can be utilized per enterprise will be up to the monthly average of the total premium-based earnings declared for the workplaces within the scope of the support, and for enterprises with financial and R&D competence, the loan amount will be applied with a one-fold increase. Within the scope of the program, a credit upper limit of 50 million TL for SMEs and 150 million TL for large enterprises has been determined, and the loans can be utilized with a maximum 6-month grace period for the principal and a maximum maturity of 36 months. Guarantees can be provided to SMEs through KGF, KFK, and IGE. Applications for the expanded financing support will be received between September 1 and October 31, 2026.
TAX CIRCULAR: 2026-106 // With the General Communique on Collection Serial: B No: 20 published in the Official Gazette on June 16, 2026, it became possible to defer and pay public receivables tracked by tax offices in installments with low interest. To benefit from this facility, applications must be made by Monday, August 31, 2026, at the latest, and installments must start to be paid as of September 2026.
TAX CIRCULAR: 2026-105 // With the Circular No. 2026-20 published by the Social Security Institution (SGK), amendments have been made regarding the documents required in the general health insurance (GSS) health activation procedures of foreign nationals. Accordingly, for foreigners who cannot provide the standard documents (marriage certificate, passport, etc.) necessary for the determination of family ties, the "Applicant and Accompanying Person Information (Dependent) Document" issued by the Directorate General of Migration Management will be considered sufficient.
TAX CIRCULAR: 2026-104 // With Law No. 7590 dated 24/07/2026; Stamp Tax, VAT, and Corporate Tax exemptions/reductions have been introduced for nuclear power plant investments, and in the Special Consumption Tax (SCT) Law, minimum fixed tax amounts have been redetermined for passenger cars by adding the "traction system" criterion.
TAX CIRCULAR: 2026-103 // With Article 11 of Law No. 7590, which was accepted by the Turkish Grand National Assembly on 24/07/2026 and published in the Official Gazette No. 33326 dated 31/07/2026, Provisional Article 36 was added to Law No. 4447. With the added article, a maximum monthly support of 3,500.10 TL per insured employee will be provided to private sector accommodation facilities holding a tourism operation certificate for the period of 01/05/2026 - 31/12/2026.
TAX CIRCULAR: 2026-102 // Those holding a distributor, mineral oil, or dealership license within the scope of the Petroleum Market Law No. 5015, and those holding a distributor or LPG autogas dealership license within the scope of Law No. 5307, are subject to the guarantee application in accordance with the repeated Article 257 of the Tax Procedure Law (VUK).
TAX CIRCULAR: 2026-101 // The upper limit of 1.00 for the liquidity ratio used in the deferment and installment applications for debts to the Social Security Institution (SGK) has been lifted for applications made until August 31, 2026. Debtors who could not previously restructure their debts because their liquidity ratio was above 1 will be able to pay their debts in up to 36 monthly installments if they apply by this date.
TAX CIRCULAR: 2026-100 // All kinds of premium debts, including general health insurance (GSS), of the insured individuals and beneficiaries who are obliged to pay premiums themselves will be collected by deducting 10% from the incomes or pensions allocated by SGK, without the need for the debtor's consent or enforcement proceedings.
TAX CIRCULAR: 2026-99 // With the update of civil servant salary coefficients valid between July 1, 2026, and December 31, 2026, the domestic, overseas, and TRNC per diem (daily allowance) amounts to be exempted from income tax, as well as the gross salary brackets corresponding to these amounts, have been redetermined.
TAX CIRCULAR: 2026-98 // The tax-exempt severance pay ceiling amount to be applied between July 1, 2026, and December 31, 2026, has been announced as 73,729.87 TL.
TAX CIRCULAR: 2026-97 // The procedures and principles regarding the amendments made to the Corporate Tax Law by Laws No. 7577 and 7582 have been explained with the Corporate Tax General Communiqué Serial No. 26. The amendments cover the taxation of health institutions of foundation universities, production earnings in free zones, transit trade, qualified service centers, and tax rate discounts for companies holding industrial registry certificates.
TAX CIRCULAR: 2026-96 // By amending the repealed Article 17 of the Income Tax Law with Law No. 7582, the upper limit of the income tax exemption for share certificates given to employees by employers qualifying as techno-initiative companies has been increased to twice the annual gross wage, and the holding periods required for the exemption have been shortened. The procedures and principles regarding these changes were explained with the General Communiqué on Income Tax Serial No. 335.
TAX CIRCULAR: 2026-95 // In accordance with the repeated Article 20/D added to the Income Tax Law, the earnings and revenues derived from abroad by real persons who did not have a residence and tax liability in Turkey in the last three calendar years prior to being considered settled in Turkey, have been exempted from income tax for 20 years.
TAX CIRCULAR: 2026-94 // Within the scope of the new wealth amnesty regulation introduced by Law No. 7582, a tax inspection exemption and discounted tax rates up to 0% will be applied if domestic and foreign assets are declared by July 31, 2027.
TAX CIRCULAR: 2026-93 // With the General Communiqué on Income Tax Serial No. 334, the procedures and principles regarding the introduction of income and stamp tax exemptions applied to specific limits (3 or 5 times the minimum wage) of the wages of personnel employed in qualified service centers have been clarified.
TAX CIRCULAR: 2026-92 // Within the scope of the general letter published by the General Directorate of Local Administrations, it was stated that public receivables tracked by municipalities and special provincial administrations will be provided with an installment facility of up to 72 months, without requiring a guarantee for amounts up to 10 million TL.
TAX CIRCULAR: 2026-91 // With the Presidential Decree dated June 20, 2026, the discounted withholding tax rate of 0% applied to income derived from government bonds, treasury bills, and lease certificates has been extended until December 31, 2026.
TAX CIRCULAR: 2026-90 // SUMMARY: With the Law No. 7587 on Amending Certain Laws published on July 1, 2026, significant updates have been made to fundamental tax laws.
TAX CIRCULAR: 2026-89 // The 2026 Financial Holiday will start on July 1 and end on July 20; tax declaration and payment deadlines falling within this period and the following 5 days have been extended.
TAX CIRCULAR: 2026-88 // With the new circular published by SGK, new procedures and principles have been determined regarding the minimum labor calculation, the application of the arithmetic mean method, the issuance of partial clearance certificates, and ex-officio investigation procedures in construction and tender works
TAX CIRCULAR: 2026-87 // In SGK debt deferment procedures, the annual interest rate has been reduced to 29%, the maximum installment period has been increased to 72 months, and the guarantee-free deferment limit has been set at 10 million TL. The deadline for application and down payment to benefit from the discounted interest rate is August 31, 2026.
TAX CIRCULAR: 2026-86 // With the VAT General Implementation Communiqué Serial No. 58 dated June 16, 2026, significant changes have been made in VAT exemption practices regarding the transfer of foundation real estates, transfer of expropriated real estates, donations made to Darülaceze, and health services of foundation universities.
TAX CIRCULAR: 2026-85 // With the General Communiqué on Collection published on June 16, 2026, the deferment conditions for tax debts have been relaxed; the annual deferment interest rate has been reduced to 29%, the maximum installment period has been increased to 72 months, and the guarantee-free transaction limit has been set at 10 million TL.
TAX CIRCULAR: 2026-84 // With the Presidential Decree dated June 13, 2026, the guarantee requirement for the deferment of SGK debts has been increased from 1 million TL to 10 million TL; for debts exceeding 10 million, a guarantee equal to half of the exceeding amount will be requested.
TAX CIRCULAR NO: 2026-83 //
With the VUK Circular dated June 8, 2026, the deadlines for creating, signing, and uploading e-Ledgers originally due on June 10 and 15 have been extended to June 30, 2026.
TAX CIRCULAR NO: 2026-82 //
The maximum deferment period for SGK debts has been extended to 72 months, and the guarantee requirement limit for deferment procedures has been increased to 1,000,000 TL.
TAX CIRCULAR NO: 2026-81 //
Law No. 7582 on the Amendment of Certain Laws, which introduces wide-ranging changes to the tax framework, was published in Official Gazette No. 33270 of 4 June 2026 and has entered into force.
