Extension of Time for Corporate Tax Declarations

An important regulation is made regarding the time periods of the Corporate Tax declarations through the Tax Procedural Law Circular No. 127 (“Circular”), published in the official website of the Revenue Administration on 17th April 2020.

Pursuant to the Circular, time periods for the submission of corporate tax declarations and the payment date of the taxes to be assessed upon those declarations, which were initially due 30 April 2020, are extended until the end of 1 June 2020.

You may access the Turkish version of the Circular here.