Turkish officials have published draft guidelines for taxpayers who are interested in entering an advance pricing agreement (APA). This is a type of agreement made between the taxpayer and the tax authority to establish the appropriate transfer pricing method for some transactions. Our company formation experts in Turkey are ready to help you, if you want to resolve certain tax issues using an APA.
The Turkish Revenue Association has published the draft guidelines on excise taxes. They are based on the Appendix I of the Special Excise Tax Law and concern business owners in Turkey who import products like gas and oils. The guidelines also offer information about the taxpayer’s liabilities. Our company incorporation experts in Turkey can provide assistance for tax compliance in this country, regardless of your business field.
The taxable income base was updated and published by Turkey’s Ministry of Finance at the end of 2014. The national income tax in Turkey remains a progressive one that applies to an individual’s annual net income. Our company formation experts in Turkey can help you calculate the amount of due taxes if you are a business owner in Turkey or if you are an employee working for a Turkish company.