How will be the taxation of the payments to the limited tax corporates for petrol operations?
The services provided for the purpose of helping petrol searching operations in the scope of self-employment operations, and will be accepted as the self-employment payment.
Wıthin this frame, mentioned self-employed operation;
1- If the operation is carried out on the condition that the operation has a Turkish branch or perpetual representative, payments will not be liable to tax and the acquisitions will be evaluated within the frame of local rules
2- According to the decision of parliamentary mandate, article number 30/1-b and Corporate Tax Law, if the operation is carried out on the condition that the operation doesn’t have a Turkish branch or perpetual representative, or still have a Turkish branch or perpetual representative, %5 cut has to be imposed.
On the other hand, if there is an agreement on double taxation between Turkey and the self-employed corporate located in Abroad, the provisions of this agreement will be taken into consideration.
Source: Corporate Tax Law
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