Turkey’s 20-Year Foreign Income Tax Exemption: A New Opportunity for Investors, Entrepreneurs and High-Net-Worth Individuals Relocating to Turkey
Executive Summary Turkey has published a draft General Communiqué providing implementation guidance for a new foreign-source income exemption introduced under Article 20/D of the Turkish Income Tax Law. The new regime may allow certain individuals who become Turkish tax residents to benefit from a 20-year exemption from Turkish income tax…