Menu

    Additional Corporate Income Tax Deduction for R&D and Design Centers Re-Regulated and RUSF Rate for Foreign Loans Obtained by Financial Leasing Companies Set as Zero

    New Developments

    Presidential Decree No. 6652, published in the Official Gazette dated 10 January 2023, re-regulated the additional corporate income tax deduction for R&D and design centers while Presidential Decree No. 6657 set as zero the resource utilization support fund (RUSF) rate for loans obtained from abroad by financial leasing companies.


    What Do the Decrees Mean?

    • The corporate income tax deduction for R&D and design centers used to be regulated by the Council of Ministers’ Decree No. 2016/9092 dated 1 January 2016.
    To read this article and discover more pleaseregister for free
    This website is available “as is.” Turkish Law Blog is not responsible for any actions (or lack thereof) taken as a result of relying on or in any way using information contained in this website, and in no event shall they be liable for any loss or damages.