With the Presidential Decree No. 11511, published in the Official Gazette No. 33307 dated July 11, 2026, the jurisdictions to be designated as Safe Harbors under the Domestic and Global Minimum Top-up Tax regime, the jurisdictions applying the Global Minimum Top-up Tax pursuant to the Qualified Income Inclusion Rule (IIR), and the jurisdictions applying a Qualified Domestic Minimum Top-up Tax (QDMTT) have been determined.
With regard to the financial and social rights to be applied in the second half of 2026, the Circular dated July 3, 2026 and numbered 27998389-010.06.02-4870801, issued by the General Directorate of Public Financial Management and Transformation of the Ministry of Treasury and Finance, has been published.
On July 4, 2026, the Income Tax General Communiqué (Serial No. 334) was published in the Official Gazette No. 33300, setting out the procedures and principles governing the implementation of the wage income tax exemption introduced under Article 23 of the Income Tax Law No. 193 by Law No. 7582.
Under the Communiqué, the portion of the wages paid to qualified service personnel employed in Qualified Service Centers, as defined in Additional Article 1 of the Foreign Direct Investment Law No. 4875, up to three times the gross minimum wage is exempt from income tax.
The Corporate Income Tax General Communiqué (Serial No. 26), published in the Official Gazette No. 33300 dated July 4, 2026, sets out the procedures and principles governing the implementation of the amendments introduced to the Corporate Income Tax Law by Laws No. 7577 and 7582. The Communiqué also introduces significant amendments to the Corporate Income Tax General Communiqué (Serial No. 1).
