Law No. 7582 “On Amendments to Certain Laws” was Published in the Official Gazette

Law No. 7582 “On Amendments to Certain Laws” was published in the Official Gazette dated June 4, 2026, and numbered 33270.

Under this Law:

• In the application of deferring public receivables under Article 48 of Law No. 6183, where the conditions specified therein are met, the maximum deferral period is increased from 36 months to 72 months, and the amount of debt that can be deferred without collateral is increased from 250,000 TL to 1,000,000 TL,
• For those meeting the exemption criteria set forth in the proposed “Repeated Article 20/D” to be added to the Income Tax Law No. 193, the Inheritance and Gift Tax rate shall be applied at 1% for property transfers occurring through inheritance within the prescribed period,
• Increasing the tax exemption limit for shares granted free of charge or at a discount to employees by techno-initiative meeting the criteria set by the Ministry of Industry and Technology to twice the annual gross salary, and revising the deadlines for collecting taxes not paid on time based on the holding periods of the shares,
• Under the proposed “Repeated Article 20/D” to be added to the Income Tax Law No. 193, income and earnings derived outside Turkey by individuals deemed resident in Turkey, provided they do not have a residence or tax liability in Turkey for a period of 20 years,
• By adding “Transitory Article 1” to the Foreign Direct Investment Law, defining the term “qualified service center,” and providing an income tax exemption for companies that meet the criteria for a qualified service center regarding the wages of employees they hire at these centers, and granting a corporate tax deduction under the Corporate Tax Law for profits earned abroad by institutions operating as qualified service centers,
• Setting the exemption rate at 95% for profits derived from the sale of goods purchased from abroad to another country without being imported into the country (without being nationalized) or from acting as an intermediary in goods transactions conducted abroad, (100% for entities operating in industrial zones established under the Industrial Zones Law No. 4737 and deemed appropriate by the President based on the concentration of foreign investment, as well as for entities operating in the Istanbul Financial Center Zone under the Istanbul Financial Center Law No. 7412 after obtaining a participant certificate) , and to allow for the deduction of such tax-exempt income from the domestic minimum corporate tax,
• The corporate income tax rate shall be set at 12.5% for profits derived exclusively from production activities by entities holding an industrial registry certificate and actually engaged in such activities, as well as for profits derived exclusively from agricultural production activities by entities engaged in such activities,
• Regulations should be established to allow deductions for transit trade, qualified service center, and financial services export income from the minimum corporate tax base,
• A new asset amnesty regulation should be implemented, allowing unrecorded cash, gold, foreign currency, securities, and other capital market instruments—whether located abroad or within the country—to be declared and held in term accounts, in government domestic debt securities issued under Law No. 4749, lease certificates, or venture capital investment funds, and allowing such assets to be brought into Turkey,
• If unregistered securities or cash assets—regardless of whether they are located domestically or abroad—are reported to a bank or brokerage firm and transferred by July 31, 2027, they will be taxed at a rate between 0% and 5% (depending on the commitment period for holding Government Debt Securities or Lease Certificates), ensuring their registration,
• A regulation should be enacted stipulating that the provisions of the Turkish Commercial Code regarding conditional capital increases shall not apply to conditional capital increases conducted by non-publicly traded companies holding the “techno-initiative” badge issued by the Ministry of Industry and Technology, based on convertible debt agreements,
• A regulation should be enacted to expand the income tax deduction currently provided to financial institutions in the Istanbul Financial Center—which applies when employing personnel with international experience—to cover all participants,
• Regulations have been enacted to extend the duration of the 100% tax exemption applied to profits derived from the export of financial services by institutions located in the Istanbul Financial Center until 2047, and to extend the exemption period from financial activity fees for participating financial institutions to 20 years,

Regulations have been enacted regarding these matters

Deferral/Installment Periods Under the Law on the Collection of Public Debts and the Increase in the Amount of Debt Eligible for Unsecured Installment Plans

Article 1 of the aforementioned Law extends the deferral/installment period for public debts from 36 months to 72 months and increases the debt amount eligible for unsecured deferral/installment plans from 250,000 TL to 1,000,000 TL.

With this amendment, it is now possible to defer and installment-pay debts up to a total of 1,000,000 TL (including this amount) per creditor collection office for up to 72 months without requiring collateral.

The relevant provision entered into force on June 4, 2026, the date of publication of the Law.

Application of Reduced Rates in Inheritance and Gift Tax

Pursuant to Article 2 of the aforementioned Law, a paragraph has been added following the second paragraph of Article 16 of the Inheritance and Gift Tax Law No. 7338; a provision is established to apply a 1% inheritance and succession tax rate to assets transferred by inheritance that are subject to inheritance and succession tax, provided that the income and profits derived from sources outside Turkey are exempt from income tax, and this exemption is in effect during the period in which the aforementioned exemption is utilized.

The aforementioned provision entered into force on June 4, 2026, the date of publication of the Law.

Wage Exemption for Techno-Initiative Employees’ Acquisition of Stock

Article 3 of the aforementioned Law amends the wage exemption currently applied to company shares of a wage nature that are granted to employees by employers qualifying as techno-initiative—in accordance with criteria established by the Ministry of Industry and Technology—either free of charge or at a discount.

Accordingly, the upper limit of the exemption amount is increased from one year’s gross salary to twice one year’s gross salary. In cases where shares of a salary nature acquired in this manner are disposed of by the employee within the specified periods, the exemption amount is recovered along with late payment interest without the application of a tax evasion penalty; if the shares are disposed of within 3 full years from the acquisition date, the period for recovering the full amount of the exempted tax is 2 years; if disposed of between 4 and 6 years from the acquisition date, the period for recovering 75% within 3 to 4 years, and if the property is disposed of between 7 and 12 years from the acquisition date, the period for recovering 25% of the exempted tax is reduced to 5 to 6 years.

Consequently, while the upper limit of the applicable exemption is increased by onefold, the regulation regarding the recovery of a certain portion of the exempt amount upon the disposal of shares acquired at a discount or for free encourages the application of the exemption by shortening the holding periods.

The provision in question entered into force on June 4, 2026, the date of the Act’s publication.

Application of the Income Tax Exemption for Foreign Earnings

Pursuant to Article 4 of the aforementioned Law, a new Article 20/D titled “Tax Exemption for Earnings and Income Derived from Abroad” has been added following Article 20/C of the Income Tax Law No. 193; Effective January 1, 2026, an income tax exemption for a period of 20 years has been introduced for foreign-sourced income of individuals deemed to be resident in Turkey, provided they have not had a residence or tax liability in Turkey during the preceding three calendar years.

For individuals covered by this provision, the existence of tax liability in Turkey prior to falling under this scope—due to real estate capital income, movable capital income, or capital gains—will not preclude them from benefiting from this exemption. No annual tax return will be required for these income and earnings; furthermore, even if a tax return is filed for other income, these specific income and earnings will not be included in the return. Expenses and costs related to the exempt income and gains shall not be taken into account in determining taxable income and gains. Taxes paid in foreign countries on income and gains covered by this exemption shall not be offset against the income tax assessed in Turkey.

This provision entered into force on June 4, 2026, the date of publication of the Law, and applies to individuals deemed to be resident in Turkey as of January 1, 2026.

Wage Exemption for Qualified Service Center Employees    

Article 5 of the aforementioned Law introduces a wage exemption for qualified personnel employed in qualified service centers as defined under the Direct Foreign Investors Law.

Pursuant to the provision added to the first paragraph of Article 23 of the Income Tax Law regarding wage exemptions, the portion of wages paid to qualified personnel employed in qualified service centers defined under the Direct Foreign Investors Law, up to three times the gross minimum wage, is exempt from income tax.

For industrial zones established under the Industrial Zones Law No. 4737 dated January 9, 2002, those deemed appropriate by the President based on the zone’s foreign investment density, as well as qualified service centers operating in the Istanbul Financial Center with a participation certificate, the exemption will apply up to five times the gross minimum wage.

This provision entered into force on June 4, 2026, the date of publication of the Law.

Redefinition of the Qualified Service Center Model

Article 6 of the aforementioned Law amends the definition of “Qualified Service Center” contained in Article 1 of the Annex to the Direct Foreign Investment Law No. 4875.

Qualified service centers are defined as capital companies operating in at least three countries and deriving at least 80% of their annual gross revenue from abroad.

The services provided by these centers are defined as follows:

“a) Financial consulting, strategic management consulting, risk management, cash and liquidity management, financing and borrowing transactions, investment and capital structure planning, budgeting, financial reporting and analysis, international accounting and compliance, auditing, digital transformation and technology consulting, investment and data analysis, legal consulting (Legal advisory services related to domestic operations or Turkish law may only be provided by an attorney or law firm authorized under the Attorney’s Act No. 1136 dated March 19, 1969), marketing, brand management, human resources and training services, as well as coordination and management services related to these services,

(b) Coordination and management services related to activities such as sales, post-sales support, technical support, research and development, external procurement, testing of newly developed products, and laboratory services”

Additionally, the Ministry of Industry and Technology is granted the authority to determine the procedures and principles regarding the implementation of this article, subject to obtaining the opinions of the Ministry of Treasury and Finance and the Ministry of Trade.

Employees who directly perform these services and are not classified as support staff are also defined as qualified service personnel.

This provision entered into force on June 4, 2026, the date of publication of the Law.

Amendments to the Corporate Income Tax Law (Transit Trade and Qualified Service Center Income Deduction)

• Transit Trade Income Deduction

Under Article 7 of the aforementioned Law, the scope of the profit deduction for transit trade set forth in the first paragraph of Article 10 of the Corporate Income Tax Law has been expanded.

In this context,

• The profit deduction rate for entities operating in the Istanbul Financial Center with a participant certificate is increased from 50% to 100%.
• Additionally, it has been stipulated that the profit deduction rate of 100% shall apply to industrial zones established under the Industrial Zones Law No. 4737 dated January 9, 2002, provided that such zones are deemed appropriate by the President based on the level of foreign investment in the region.
• Institutions operating outside the Istanbul Financial Center and Industrial Zones are also granted a 95% profit deduction.
• To qualify for the deduction, the profit must have been transferred to Turkey by the deadline for filing the annual corporate income tax return for the fiscal year in which the profit was earned, and neither the seller nor the buyer of the goods related to the brokerage activity may be located in Turkey.
• Corporate Income Tax Deduction for Income Earned from Abroad by the Istanbul Financial Center (IFC) and the Qualified Services Center Exclusively in Connection with These Activities

For income earned from abroad exclusively in connection with their activities as qualified service centers operating under the Direct Foreign Investment Law No. 4875,

• For institutions operating as qualified service centers in the Istanbul Financial Center Zone by obtaining a participant certificate in accordance with the provisions of Law No. 7412, as well as those established in industrial zones under Law No. 4737 that are deemed appropriate by the President based on the zone’s foreign investment density, a 100% income tax reduction incentive is provided,
• A 95% income tax incentive is provided if they operate outside these zones and centers,

at the aforementioned rates.

This provision entered into force on the date of its publication, effective for corporate income pertaining to the tax period beginning on January 1, 2026 (or, for entities with a designated special fiscal year, the fiscal year beginning on January 1, 2026), and applies to tax returns required to be filed starting on July 1, 2026.

Application of a 12.5% Corporate Income Tax Rate on Income Derived from Manufacturing and Agricultural Activities

Pursuant to Article 8 of the aforementioned Law, the amendment made to Article 32 of the Corporate Income Tax Law, titled “Corporate Income Tax and Provisional Tax Rate,” , stipulates that the corporate tax rate shall be applied at 12.5% for the profits derived exclusively from production activities by entities holding an industrial registry certificate and actually engaged in production activities, as well as for the profits derived exclusively from agricultural production activities by entities engaged in such activities.

Additionally, it is stipulated that no further deductions may be applied under the seventh paragraph of Article 32 of Law No. 5520 for profits benefiting from this reduced corporate income tax rate.

This provision will enter into force on the date of its publication and will apply to income earned in 2027 and subsequent tax periods; for entities subject to a special fiscal year, it will apply to income earned during the special fiscal year beginning in the 2027 calendar year and subsequent tax periods.

Deductibility of Income Deductions for Transit Trade, Qualified Service Centers, and Financial Services Exports from the Minimum Corporate Tax Base

Article 9 of the aforementioned Law establishes provisions regarding the deductibility of income deductions for transit trade, qualified service centers, and financial services exports from the minimum corporate tax base.

With the addition of subparagraphs (i) and (j) to subparagraph (b) of the second paragraph of Article 32/C of the Corporate Income Tax Law—which governs deductions allowable from the income subject to the domestic minimum corporate income tax calculation—the Corporate Income Tax Law , the provisions regarding the deduction of corporate income tax reductions provided for transit trade and qualified service center profits under subparagraphs (i) and (j) of the first paragraph of Article 10, as well as the corporate income tax reduction provided for entities operating in Industrial Zones and the Istanbul Financial Center, from the corporate income serving as the basis for the calculation of the domestic minimum corporate income tax have been established.

This provision entered into force on the date of its publication and applies to corporate income for the tax period beginning on January 1, 2026 (or the accounting period beginning on January 1, 2026 for entities with a designated special accounting period), effective for tax returns required to be filed starting July 1, 2026.

Asset Amnesty Regulation

The Asset Amnesty regulation was established through Transitional Article 19, which was added to the Corporate Income Tax Law by Article 10 of the aforementioned Law.

The regulation encourages the repatriation of cash, gold, foreign currency, securities, and other capital market instruments held abroad by individuals and legal entities, thereby contributing to the national economy.

It also allows income and corporate tax payers to declare assets of the same type located in Turkey but not recorded in their legal books and records, subject to the conditions set forth in the article.

To benefit from the provisions of this article, a declaration must be filed by July 31, 2027, and the assets must be brought into Turkey within two months of the declaration date.

It is stipulated that assets reported under this provision will be placed in a special reserve account on the balance sheet and cannot be withdrawn from the business for two years.

It is required that assets located within Turkey be deposited with banks or financial institutions as of the date of the declaration.

In addition, different tax rates are determined based on the maturity dates and reporting periods of the investment instruments for which a commitment has been made to deposit the reported assets; in this context, banks and brokerage firms will, in their capacity as tax agents, declare the tax—which they will collect in advance at a rate of 5% of the value of the assets reported to them—to the tax office under their jurisdiction via a tax return by the evening of the 15th day of the month following the notification, and will pay the tax within the same timeframe.

If a commitment is made that the reported asset will be held for the periods specified below in term deposits, government domestic debt securities issued under Law No. 4749, lease certificates, or venture capital investment funds, the tax will be applied at the rates specified opposite each period;

5% if no commitment is made,

• 0% if a commitment is made to hold the assets for at least 5 years,
• 1% if a commitment is made to hold the assets for at least 4 years,
• 2% if a commitment is made to hold the assets for at least 3 years,
• 3% if a commitment is made to hold the assets for at least 2 years,
• 4% if a commitment is made to hold the assets for at least 1 year,

For declarations submitted between January 1, 2027, and July 31, 2027, these rates will be applied with an additional half-point increase.

In the event of an extension of the declaration period, declarations submitted after July 31, 2027, will be subject to a total increase of 1 point, including the additional half-point increase. No stamp duty will be levied on the undertakings submitted under this paragraph.

It is stipulated that under no circumstances shall a tax audit or tax assessment be conducted regarding the amounts corresponding to the reported assets, provided the conditions set forth in the relevant provision are met; however, it is clarified that the absence of a tax assessment under this provision does not imply that measures required under other legislation will not be applied.

It is stated that if the conditions are not met, the provision regarding the inability to conduct a tax audit or assessment cannot be utilized; taxes already collected will not be refunded or returned, and declared taxes will be collected with late payment interest.

Additionally, the President may extend the deadline of July 31, 2027, in periods not exceeding six months each, up to a total of one year; The Ministry of Treasury and Finance is authorized to determine the procedures regarding the importation, declaration, and inclusion of assets covered by this article into business operations, the form of such declarations and reports, the information and documents to be used in the application of this article, and the procedures and principles governing its implementation.

The aforementioned article entered into force on June 4, 2026, the date of publication of the Law.

Financing and Exemption Regulations for Techno-Initiatives

Pursuant to Article 11 of the aforementioned Law, the following paragraphs have been added to Article 3 of Law No. 5746 on the Support of Research, Development, and Design Activities, dated February 28, 2008.

“(15) In conditional capital increases to be carried out by non-publicly traded companies holding a techno-initiative badge issued by the Ministry of Industry and Technology, based on convertible debt agreements, the provisions of the Turkish Commercial Code No. 6102 dated January 13, 2011, regarding conditional capital increases shall not apply. The procedures and principles governing the conditional capital increases of companies falling under this scope shall be determined by the Ministry of Industry and Technology upon the opinion of the Ministry of Trade.

(16) Companies established and operated in accordance with the definition of a digital company to be determined by the Ministry of Industry and Technology by entrepreneurs who have qualified as incubator entrepreneurs under Law No. 4691

are exempt from the fees and dues defined in Article 24 of the Law No. 5174 on the Union of Chambers and Commodity Exchanges of Turkey and Chambers and Commodity Exchanges, dated May 18, 2004, for a period of up to three years from the date of establishment.”

Accordingly, the provisions of the Turkish Commercial Code regarding conditional capital increases will not apply to conditional capital increases carried out by privately held companies holding the “Techno-Initiative” badge issued by the Ministry of Industry and Technology, based on debt instruments convertible into equity. Regulations have been established to allow the Ministry of Industry and Technology to determine the procedures and principles for such conditional capital increases, subject to the opinion of the Ministry of Trade.

A regulation has been enacted to exempt companies established and operated in accordance with the definition of a “digital company” to be determined by the Ministry of Industry and Technology—by entrepreneurs who have qualified as incubator entrepreneurs under the Technology Development Zones Law—from the payment of fees and dues defined in the relevant provision of the Union of Chambers and Commodity Exchanges of Turkey and the Chambers and Commodity Exchanges Law .

The aforementioned provision entered into force on June 4, 2026, the date of publication of the Law.

Expanding the Income Tax Deduction at the Istanbul Financial Center to Include All Participants

Pursuant to Article 12 of the aforementioned Law, the phrase “financial institutions that have obtained a participant certificate” in the first sentence of the second paragraph of Article 6 of the Istanbul Financial Center Law No. 7412 dated June 22, 2022, has been replaced with “participants,” and the following sentence has been added to the paragraph:

“The exemption set forth in subparagraph (20) of the first paragraph of Article 23 of the Income Tax Law No. 193 dated December 31, 1960, shall not apply to personnel of qualified service centers benefiting from this exemption.”

Accordingly, a regulation has been enacted to expand the income tax deduction provided to financial institutions in the Istanbul Financial Center—which applies when employing personnel with international experience—to cover all participants.

A provision has also been established stating that personnel benefiting from this deduction cannot avail themselves of the salary exemption introduced by Article 5 of this Law to the Income Tax Law, as summarized above.

The aforementioned provision entered into force on June 4, 2026, the date of publication of the Law.

Extension of the Incentive Period for Institutions Engaged in Financial Activities by Obtaining a Participant Certificate at the Istanbul Financial Center

Pursuant to Article 13 of the aforementioned Law, the term “2031” in the first paragraph of the transitional Article 1 of Law No. 7412 has been amended to “2047,” and the term “five” in the second paragraph has been amended to “twenty.”

Accordingly, the period for the corporate tax deduction applied at a rate of 100% on the profits of institutions engaged in financial activities by obtaining a participant certificate at the Istanbul Financial Center has been extended until 2047, and a regulation has been enacted to extend the exemption period from financial activity fees for the establishment and licensing of these institutions from 5 years to 20 years.

The relevant provision entered into force on June 4, 2026, the date of the Law’s publication.

You can access the relevant law via the following link: https://www.resmigazete.gov.tr/eskiler/2026/06/20260604-1.htm

We are pleased to provide you with this information.