Double taxation is not just a theoretical concern in textbooks; it is a real economic risk that can significantly reduce the net return of foreign investments. It arises because different countries exercise their taxing powers based on residence and source, sometimes simultaneously, and because domestic rules are not automatically aligned.
Handled correctly, Turkish tax law does not have to be a trap – it can be a competitive advantage that increases your net return instead of eroding it.
Introduction In today’s globalized world, people work abroad, companies invest in different countries, and individuals earn rental or investment income overseas.This is where the concept of double taxation comes into play:Being taxed on the same income by two different countries. In this article, we will explain what double taxation is, why it occurs, and how […]
Navigating through tax and customs regulations can be a complex and overwhelming task for individuals and businesses alike. The ever-changing laws and requirements often leave many feeling lost and confused. That’s where consulting services come into play. In this blog post, we will explore the different types of consulting services available before and after tax […]