Türkiye: Tax reform law submitted to Parliament; revised tax rates, bases for specified transactions; income tax treaty with Tanzania signed
Recent tax developments in Türkiye
The government on May 5, 2026, submitted a draft tax reform law to the Parliament (Grand National Assembly) that would introduce income and corporate tax incentives for exporters, technology startups, and qualified service centers, expand exemptions on foreign-sourced income, and enhance investment-related benefits to improve competitiveness and attract foreign capital.
In addition, the president on April 30, 2026, issued a decision revising applicable tax rates and bases for specified transactions, creating consistency across affected tax areas.
Finally, the Tanzanian and Turkish governments on May 4, 2026, signed an income tax treaty to eliminate double taxation and prevent fiscal evasion on income.
For more information, contact a KPMG tax professional in Türkiye:
Şaban Atuçuran | satucuran@kpmg.com
Beyza Özsoy | bozsoy@kpmg.com
Celal Küpeli | ckupeli@kpmg.com