Turkey Gazettes General Communique on Income Taxes for 2026

The Turkish Official Gazette Dec. 31, 2025, published General Communique No. 332, on income taxes for 2026. The communique includes measures: 1) setting the tax-exempt income threshold at approximately 1.9 million Turkish lira (US$44,141) for specified sales made electronically; 2) setting the exemption limit at 58,000 lira (US$1,347) per year for residential rental income and exempting up to 300 Turkish lira (US$7) per day for meals served or cash allowances provided to employees; 3) exempting up to 158 Turkish lira (US$4) per day for employee benefits for travelling to and from the workplace; 4) setting the deduction limits for special ...