Tax Advisory
We provide continuous tax advisory so that you can take accurate, effective and dependable decisions in the light of current financial legislation.
Tax advisory is a continuous service that ensures a business meets its tax obligations in full compliance with the legislation, while at the same time making the most efficient use of the exemptions, deductions and incentives the legislation allows.
Drawing on the knowledge and experience we have gained in current financial legislation and regulation, we support our business partners in taking accurate, effective and dependable decisions. Our team, whose roots lie in the Tax Inspection Board, assesses the legislation not merely as text but together with how it is applied in practice.
Why is continuous advisory necessary?
Tax legislation changes continuously within a framework of shifting financial regulation. Failing to grasp exemptions and exclusions fully leads to an uneven competitive playing field and leaves businesses at a disadvantage in their financial structure. Failing to comply with the legislation accurately and on time, in turn, makes tax risks impossible to anticipate and exposes the business to penal sanctions.
Scope of Our Service
- Withholding tax practice
- Transaction taxes such as value added tax, special consumption tax, stamp duty, BITT and RUSF
- Wealth taxes such as inheritance and transfer tax and property tax
- Application of international tax treaties
- Making use of investment incentives
- Dedicated advisory on period-end inventory and closing procedures
- Research and analysis of specific issues resulting in a reasoned written opinion
- Advisory on the establishment of companies, branches and liaison offices
- Tax planning and corporate restructuring
- Domestic and international corporate income tax and personal income tax practice
Frequently Asked Questions
Reviewing tax returns, tax planning, briefing on legislative changes, preparing reasoned written opinions for transactions with special characteristics, and tax assessment in corporate restructurings are all within scope.
Alongside regular monthly meetings, support is provided as needed whenever legislation changes or a transaction with special characteristics arises. Urgent matters receive a same-day response.
Yes. We prepare reasoned written opinions with references to the legislation. In a potential tax audit, these opinions serve as evidence of the company's good faith and diligence.
Tax planning means making use of the exemptions, deductions and incentives the legislation expressly allows, and it is lawful. Structures designed to circumvent the legislation are treated as sham arrangements and lead to assessments with penalties. Our work falls strictly within the first category.
Within the scope of the double taxation treaties to which Türkiye is a party, residence certificates, withholding rates and credit opportunities are assessed, and the transaction structure is designed accordingly.
Advisory services are generally contracted in annual periods. Project-based engagements are also possible for a specific transaction or project.