Turkey: Corporate tax rate; tax changes - KPMG Global
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Turkey: Corporate tax rate; tax changes for communications, finance sectors

Turkey: Corporate tax rate; tax changes

In Turkey, the rate for corporate income tax is scheduled to increase to 22% (up from 20%) for the tax periods 2018, 2019, and 2020. However, the Council of Ministers is authorized to reduce the 22% rate to a rate as low as 20%.


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Changes to the excise tax rate under the special communications tax and an exemption from the “banking and insurance transaction tax” for gains realized from futures and options contract transactions are effective beginning 1 January 2018. Tax relief is also provided with respect to certain income realized from real estate properties and participation shares, as well as an exemption from value added tax (VAT) for the transfer and delivery of real estate properties and participation shares to banks in connection with certain borrowings or guarantees.

The special communications excise tax rate will be:

  • 25% for mobile electronic communications
  • 15% for radio and television broadcasting services via cable or satellite platform
  • 5% for wired, wireless or mobile internet service providers
  • 15% for other electronic communication services


Read a December 2017 report [PDF 201 KB] prepared by the KPMG member firm in Turkey

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