The Law No. 7582 on Amending Certain Laws, which introduces significant changes regarding corporate income taxes, was published in the Official Gazette dated June 4, 2026, and numbered 33270, and has entered into force.
Pursuant to the seventh paragraph of Article 32 of the Corporate Income Tax Law, a 5-percentage-point reduction is applied to the corporate income tax rate for the earnings that exporting corporations derive exclusively from exports. This reduction also applies to the earnings derived by manufacturing or supplying corporations from export activities carried out through (i) foreign trade capital companies or (ii) sectoral foreign trade companies, based on an intermediary export agreement.
Kurumlar Vergisi Kanunu’nun 32’nci maddesinin değiştirilen 8. fıkrası uyarınca, kurumlar vergisi oranının %12,5 olarak uygulanacağı kazançlar ve aranan şartlar şu şekildedir:
- Holding a “Industrial Registry Certificate” and actively engaging in production activities,
- Earnings derived by these corporations exclusively from production activities,
- Earnings derived by corporations engaged in agricultural production activities exclusively from these production activities.
With the newly introduced amendment, it has been stipulated that the 5-percentage-point export reduction regulated in the seventh paragraph shall not be applied additionally to earnings benefiting from the 12.5% rate, thereby preventing double benefit.
This provision entered into force on June 4, 2026, to be applied to earnings derived in the year 2027 and subsequent taxation periods; and for corporations subject to a special accounting period, to earnings derived in the special accounting period starting in the 2027 calendar year and subsequent taxation periods.
