Tax Advisory

How does one apply for the Asset Amnesty in Turkey?

Declarations are made by 31 July 2027 on the form annexed to General Communiqué No. 1. The channel depends on where the asset is: assets held abroad are declared to a bank or brokerage, which also collects the tax, while undeclared domestic assets are declared to the tax office. If you want a reduced rate, the holding commitment is given at the same time. Companies record the declared assets against a special fund account under equity.

Read the full article: Asset Amnesty 2026: How the Tax Rate Drops from 5% to 0% →