The corporate tax return and payment deadline begins tomorrow

The reporting period begins tomorrow for corporations, cooperatives, commercial public institutions, association- or foundation-owned businesses and partnerships that are subject to corporate income tax.

In this context, taxpayers have until the end of April to register their corporate income tax for the 2025 accounting period. Corporate tax on this return is also paid between April 1st and April 30th.

Institutions that are assigned a special accounting period must pay their taxes by the end of the month in which they file their tax return.

Taxpayers can pay their taxes through the Financial Administration (GİB) website “gib.gov.tr”, through the Digital Tax Office and the GİB mobile application, with debit credit cards or accounts from contracted banks, or with cards from banks operating abroad. In addition, payments can be made through contracted bank branches, alternative channels such as Internet, telephone and mobile banking and PTT branches.

5 percent discount for tax-compliant taxpayers

The returns must be accompanied by information and documents such as balance sheet, profit and loss account, business account summary, taxes paid through deductions, income earned in free zones, capital support of techno companies and techno cities, taxes paid abroad, basic financial statements, notices of corporate partners and board members.

It is important to submit information and documents regarding discounts and exceptions such as research and development, design, cash capital increase, exemption from intellectual property rights, etc. in the declaration.

Corporate taxpayers (except those operating in the financial and banking sector, insurance and reinsurance companies, pension companies and pension investment funds) who meet the specified conditions receive a 5 percent discount on the tax calculated in their return. For this purpose, conditions are required such as: B. the payment of taxes for the year for which the declaration for which the discount is calculated and for the last two years before that year, within the statutory deadline and the absence of overdue debts.