Turkey postpones deadlines for 2019 corporation tax and enacts law to amend tax and legal provisions due to COVID-19

With the issuance of Circular No 127, dated 17 April 2020, Turkey has postponed the deadline for the 2019 corporation tax return filings and corporation tax payments until 1 June 2020.

Also, Turkey’s Law No. 7244 on Reducing the Impacts of the New Coronavirus (Covid-19) Pandemic on Economic and Social Life and the Law Regarding Amendments to Certain Laws (the Law) was published in the Official Gazette dated 17 April 2020.

The Law amends several laws including the Turkish Commercial Law, …