Turkish Income Tax Return

Tax & Turkey

The annual return in which income earned in Turkey's tax year, the calendar year, is reported to the tax authority in March of the following year.

Gains from selling foreign stocks and foreign dividends may have to be included, depending on amounts and conditions. Tax withheld abroad can be documented and credited in the return within limits; Form 1042-S is one such document. Rates and thresholds can change; check with a tax adviser.

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