It was introduced by Law No. 7524 and applies from the 2025 fiscal year. Certain exemptions and deductions (such as the R&D deduction, technology development zone income and participation income) can still be deducted in the minimum tax calculation.
Source: 5520 sayılı KVK m. 32/C (7524 sayılı Kanun)
Related terms
Corporate income taxThe tax levied on the earnings of capital companies, cooperatives and other corporate entities.Global minimum top-up tax (Pillar Two)A top-up tax collected when the effective tax rate of multinational groups with consolidated annual revenue of €750 million or more falls below 15% in any jurisdiction.Participation exemptionThe exemption from corporate income tax of dividends a company receives from its holding in the capital of another fully taxable company.Advance taxTax paid in advance during the year by income and corporate taxpayers, in quarterly periods, on current-period earnings.Advance tax rulingA written explanation issued by the tax administration upon a taxpayer's written request about its own tax position or matters it considers unclear.Arm's length principleThe principle that transactions between related persons should be carried out at the prices and on the terms that would apply between independent parties with no such relationship.
Last updated: October 31, 2026 · This definition is for general information only.