Donations and Charities that can be deducted from tax providing that they are stated in Corporate Tax Return;
– 5 % of the net profit of the company donated against a receipt to general and special budgeted public administrations, provincial special administrations, municipalities, villages, foundations exempted from tax by Council of Ministers, nonprofit voluntary organizations, state institutions and organizations that carry out scientific research and development.
– All donations and charities in kind and in cash granted in order to construct or cover the expenses of general and special budgeted public administrations, provincial special administrations, school and health facility donated to municipalities and villages, dormitory whose bed space should not be less than 100 (bed space should be 50 in priority regions for development) and nursery school, orphanage, eventide home, nursing and rehabilitation center, sanctuaries that will be subject to local authority’s permission and supervision, facilities that provide religious education under the control of Religious Affairs Administration, youth centers and scout camp belonging to the Ministry of Youth and Sports.
– 100 % of donations and charities granted against a receipt and the expenses supported by the Ministry of Culture and Tourism done by general and special budgeted public administrations, provincial special administrations, municipalities and villages, foundations exempted from tax by Council of Ministers, nonprofit voluntary organizations and organizations that carry out scientific research and development and the expenses supported by the Ministry of Culture and Tourism.
– All donations and charities in kind and in cash done against a receipt for aid campaigns launched by the Prime Ministry and Council of Ministers.
– All donations and charities in kind and in cash granted against a receipt for Turkish Red Crescent and Turkish Green Crescent Society, except their commercial enterprises.
Date: 8 February 2017
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