The letter from the Uşak Governorship’s Revenue Directorate discusses the taxation of income from freelance activities in the field of occupational health and safety services. It states that if a person is conducting such services as a self-employed professional without being under the employment of any employer and the earnings are derived from personal expertise rather than capital, the income will be treated as “freelance income” and subject to withholding tax of 20% under certain conditions. However, if the activity involves hiring employees, such as workplace physicians or safety experts, and the services go beyond personal professional work to form a commercial organization, the income is considered “commercial income” and will be taxed accordingly under the provisions of the Commercial Code. The letter also mentions the necessity for businesses to maintain books and issue invoices as per Turkish tax regulations.
Source: Revenue Administration
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
