Overview of the Tax Calendar in Turkey for 2025
How is the Tax Calendar in Turkey for 2025 ? Taxes are mandatory obligations for businesses of all sizes and sectors in Turkey. These fiscal responsibilities, including their rates and regulations, are determined by law and may change yearly. For 2025, as with any year, businesses in Turkey must closely adhere to the tax calendar to remain compliant with prevailing regulations.
Failing to meet these obligations or ignoring them can lead to unwanted consequences for businesses. It is essential for companies to understand the types of taxes they are subject to and the deadlines for filing and payments. Below is a detailed overview of the main taxes and their corresponding deadlines for 2025.
Tax Filing and Payment Deadlines for 2025 in Turkey
Tax filing and payment deadlines vary depending on the type of tax. Here’s a summary of the key taxes and their respective deadlines:
| Tax Type | Filing Period | Payment Deadline |
|---|---|---|
| Corporate Tax (Annual) | April 1 – April 25 | April 25 |
| Income Tax (Annual) | Until March 31 | March 31 and July 31 (in two installments) |
| Provisional Tax | 17th day of the second month after each quarter | Same as filing period |
| VAT (Monthly) | Until the 28th day of the following month | 28th day of the declaration month |
| Withholding Tax (Monthly) | Until the 26th day of the following month | 26th day of the declaration month |
| Withholding Tax (Quarterly) | 26th day of the second month after the quarter | Same as filing period |
| Stamp Tax | Until the 26th day of the following month | Same as filing period |
| Banking and Insurance Transaction Tax (BSMV) | Until the 15th day of the following month | During the filing period |
| Special Consumption Tax (ÖTV) | See product-specific deadlines | During the filing period |
| Inheritance and Gift Tax | Varies based on the type of transfer | See detailed section |
| Property Tax | No filing required | 1st installment: March–May; 2nd installment: November |
| Motor Vehicle Tax | No filing required | 1st installment: January; 2nd installment: July |
| Advertising Tax | Before or within the month of the advertisement | During the filing period |
| Environmental Cleaning Tax | No filing required for residences; businesses must notify municipalities | 1st installment: March–May; 2nd installment: November |
Detailed Breakdown of Taxes
Corporate Tax (Kurumlar Vergisi)
Corporate tax applies to the annual profits of entities with legal personalities, such as joint-stock companies, limited liability companies, and cooperatives. Filing must be completed between April 1 and April 25, 2025, with payment due by April 25, 2025.
Income Tax (Gelir Vergisi)
This tax applies to individuals earning income from commercial, agricultural, or professional activities, as well as rental income. Declarations must be submitted by March 31, 2025, and payments are made in two installments: March 31 and July 31, 2025.
Provisional Tax (Geçici Vergi)
Known as “advance tax,” this is collected quarterly on profits. Filing and payments are due by the 17th day of the second month following each quarter.
Value-Added Tax (VAT)
VAT is an indirect tax on consumption, with rates typically set at 1%, 8%, or 18%, depending on the goods or services. Declarations must be submitted by the 28th day of the following month, with payment on the same day.
Stamp Tax
Applicable to legal documents, such as contracts or bank guarantees, stamp tax declarations must be submitted by the 26th day of the following month, with immediate payment required.
Special Consumption Tax (ÖTV)
This tax is levied on products such as fuel, vehicles, and luxury goods. Deadlines vary by product category, but payment is always due during the filing period.
Other Specific Taxes
Inheritance and Gift Tax
Heirs are required to file and pay this tax within 4 to 8 months after the event, depending on the circumstances. Payment is spread over three years, with two installments annually in May and November.
Property Tax
Property owners must pay this tax in two installments: the first between March and May, and the second in November.
Motor Vehicle Tax
This tax is payable in two installments: the first in January and the second in July. No filing is required.
Environmental Cleaning Tax
For residences, this tax is included in water bills. Businesses must report it to municipalities and pay in two installments: between March and May, and again in November.
Conclusion
The 2025 tax calendar in Turkey is crucial for businesses to fulfill their obligations and avoid penalties. By adhering to these deadlines and leveraging accounting tools, companies can maintain compliance and streamline their financial operations. For tailored solutions or further details, consider exploring the services provided by Azkan Group.
