The Law Amending Certain Laws No. 7582 (the “Law”), which includes significant tax incentives for earnings derived from international trade activities, was published in the Official Gazette dated June 4, 2026, and numbered 33270, and has entered into force. Within the scope of the amendments made to the Corporate Income Tax Law by the Law, new corporate income tax reductions have been envisaged for earnings derived from transit trade activities and from intermediating the purchase and sale of goods conducted abroad.
With the Law, a significant corporate income tax advantage has been introduced for earnings derived from the sale of goods purchased from abroad in other countries without being brought into Türkiye (transit trade) or from intermediating the purchase and sale of goods conducted abroad..
Under the regulation, 95% of the earnings derived from the aforementioned activities may be deducted from the corporate income tax base. Thus, only a 5% portion of the relevant earnings will be subject to corporate income tax. Taking into account the density of foreign investment, the deduction rate may be applied as 100% for corporations operating in industrial zones deemed appropriate by the President as well as corporations operating within the Istanbul Financial Center, and the entirety of the earnings derived from these activities may become exempt from corporate income tax.
To benefit from the aforementioned deduction;
- The derived earnings must be transferred to Türkiye by the due date for filing the corporate income tax return for the relevant accounting period.
- With respect to earnings derived from intermediary activities, it is required that both the seller and the buyer of the goods subject to the transaction are located outside of Türkiye.
The regulation provides a significant tax advantage, particularly for companies engaged in international trade, operating in transit trade activities, or intermediating purchase and sale transactions abroad. The President has been authorized to amend the aforementioned deduction rates.
The regulation shall apply to earnings regarding the taxation periods commencing as of January 1, 2026, and with respect to corporate income tax returns, it has entered into force starting from the returns that must be filed as of July 1, 2026.
