All posts, page 2
Page 2 lists 12 posts. There are 59 posts in total.
How Duplicate Vendor Records and Incomplete Item Masters Distort Group Reporting
A vendor entered twice under slightly different names, or an item master missing its unit of measure, quietly corrupts every report built on it. How dirty master data breaks HQ consolidation from a Turkish subsidiary, and how ERP controls prevent it.
Türkiye Extends Tax Debt Deferral to 72 Months, with a Lower Interest Rate for Requests by 31 August 2026
Law No. 7582 raised the maximum installment period for overdue Turkish public receivables from 36 to 72 months, and a communiqué set a reduced 29% deferral interest rate for requests filed by 31 August 2026. Here is what foreign-owned subsidiaries need to know now that the application window has closed.
What Foreign-Owned Subsidiaries Need to Know as GİB's e-Beyan VAT Filing Platform Reaches Ankara and Kocaeli
As of the July 2026 filing period, Türkiye's Revenue Administration moved VAT returns for 18 more provinces (including Ankara and Kocaeli) onto its new open-source e-Beyan platform. Here's what changes for foreign-owned entities and their SMMM.
What Is GEKAP? Türkiye's Recovery Participation Fee in 2026
Türkiye's 2026 GEKAP amounts rose by the 25.49% revaluation rate, with the plastic bag fee reaching 107 kuruş per unit. Here is how the Recovery Participation Fee works, who files, the filing calendar, and what foreign-owned subsidiaries most often get wrong, with sources.
What Circular 26 Changes in Reduced Corporate Tax for Manufacturers in Türkiye
Circular 26 (4 July 2026) raises the production earnings tax reduction from 1 to 12.5 points effective 2027, cutting the rate on production income to 12.5%. The export reduction stays at 5 points. Here is how foreign-owned entities should prepare, with sources.
Dividend Repatriation from a Turkish Subsidiary with 15% Withholding and Treaty Relief
Türkiye raised its dividend withholding tax from 10% to 15% in December 2024. For a foreign parent, that rate, and any reduction under a double-tax treaty, directly shapes the cash that reaches the group. A sourced guide to getting repatriation right.
Cost Center Accounting for Turkish Subsidiaries
Most subsidiaries know their total profit but not where it's made or lost. Cost centers add the 'who/where spent it' dimension, answering which branch, department or project pays off. A practical guide to cost-center types, allocation keys and ERP setup.
Batch and Serial Traceability for Food and Manufacturing Companies in Türkiye
Lot and serial tracking lets you trace a product from raw material to customer, which is essential for recalls, warranties and inspections. A practical guide to lot vs serial, forward/backward traceability, expiry (FEFO) handling and ERP setup for Türkiye operations.
How to Calculate Landed Cost and True Unit Cost for Imports into Türkiye
An imported item's real cost is far more than the invoice price: freight, insurance, customs duty, demurrage, brokerage. Landed cost allocates these onto unit cost correctly. A practical guide to the calculation, allocation keys and ERP automation for Türkiye operations.
Cheque and Promissory Note Risks for Foreign Operators in Türkiye
Post-dated cheques are everywhere in Turkish B2B trade, and a bounced cheque carries criminal exposure under Law No. 5941, with a 3-month complaint window. A practical guide to portfolio tracking, endorsement risk and what foreign-owned companies must control.
What Foreign-Owned Companies Get Wrong About Stamp Duty (Damga Vergisi) in Türkiye
Türkiye taxes the signing of contracts, not just income. The 2026 contract rate is per mille 9.48, the per-document cap is 29,115,961.10 TRY, and both parties are jointly liable. A sourced guide for foreign operators to avoid a costly surprise.
VAT (KDV) Rates, Refunds and Withholding in Türkiye for Foreign Operators
Türkiye's VAT runs at three rates (20%, 10% and 1%), with monthly filing and a withholding mechanism that surprises many foreign-owned companies. A practical, sourced guide to getting Turkish VAT right from day one.