Corporate Tax in Türkiye
Domestic minimum corporate tax
(Article added by Article 36 of Law No. 7524; Effective: On the date of its publication to be applied to the earnings obtained in the year 2025 and the following taxation periods, and to the earnings obtained in the special accounting period starting in the calendar year 2025 and the following taxation periods of the institutions subject to the special accounting period)
Article 32/C
(1) The corporate tax calculated by taking into account the provisions of Articles 32 and 32/A cannot be less than 10% of the corporate income before deducting discounts and exemptions.
(2) While calculating the domestic minimum corporate tax, the following exemptions and deductions shall be deducted from the corporate income mentioned in the first paragraph:
a) Exempt earnings listed in subparagraph (d), except for the earnings derived from immovable properties owned by them under subparagraphs (a), (ç), (i), (j) and (k) of the first paragraph of Article 5,
b) Discounts within the scope of subparagraphs (g) and (h) of the first paragraph of Article 10,
c) Earnings exempted from tax under the Law No. 4490 dated 16/12/1999 on the Amendment of the Turkish International Ship Registry Law and the Decree Law No. 491 and the Free Zones Law No. 3218 dated 6/6/1985,
ç) R&D and design discounts that can be deducted from the corporate tax base with the exemption of earnings within the scope of Law No. 4691.
(3) From the domestic minimum corporate tax calculated within the scope of the first paragraph, the tax not collected due to the application of the reduced rate in accordance with the sixth, seventh and eighth paragraphs of Article 32 and the tax not collected in the relevant accounting period in accordance with the provision of Article 32/A due to the use of the investment contribution amounts in the incentive certificates obtained from the Ministry of Industry and Technology before the effective date of this article are deducted and the domestic minimum corporate tax to be paid is determined.
(4) The provisions of this Article shall also apply for temporary tax periods.
(5) The provisions of this Article shall not be applied for three accounting periods starting from the accounting period in which the activities are started for the first time.
(6) The expression “corporate income before deducting deductions and exemptions” in this Article refers to the amount found by adding the expenses not accepted by law to the commercial balance sheet profit at the end of the accounting period.
(7) The President of the Republic is authorized to reduce the rate stated in the first paragraph to zero or increase it up to one times, separately or together, by sectors, fields of activity, business lines or production areas, and the Ministry of Treasury and Finance is authorized to determine the procedures and principles regarding the implementation of the article.
Source: Corporate Tax Law
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