Türkiye: Proposed direct and indirect tax amendments, including formal cryptoasset taxation framework
Other recent corporate income tax and VAT guidance
april 21, 2026
The Grand National Assembly of Türkiye received a draft omnibus law proposing individual income tax, corporate income tax, and VAT amendments, including:
- Introduction of a formal taxation framework for cryptoasset transactions, including a 0.03% transaction tax, a 10% withholding tax on gains, and a VAT exemption for cryptoasset deliveries
- Modification of VAT exemptions by converting certain exemptions with credit into exemptions without credit
- Introduction of VAT exemption without credit for rentals of residential property owned by commercial enterprises
- Measures broadening the individual and corporate income tax base
- Repeal of corporate income tax exemptions for foundation‑university hospitals
- Extension of special consumption tax at 20% to precious stones
In addition, the tax administration recently issued the following guidance:
- Updated guide on the corporate income tax and VAT exemptions applicable to capital gains derived from the sale of immovable property and participation shares
- Guide outlining the corporate income tax rates, applicable incentive regimes, and operation of the domestic minimum corporate income tax for the 2026 tax year, which confirms the continuation of the differentiated rate structure and introduces further clarification on the minimum tax applicable to earnings derived in 2025 and subsequent periods
- Detailed guide on the filing of corporate income tax returns for the 2025 fiscal year for both resident and nonresident corporate taxpayers, including illustrative examples
For more information, contact a KPMG tax professional in Türkiye:
Yavuz Öner | yoner@kpmg.com
Şaban Atuçuran | satucuran@kpmg.com
Erdem Erdem | erdemerdem@kpmg.com
Hakan Uçak | hucak@kpmg.com