Tax Guide

Judge's gavel on a law book placed over U.S. dollars — representing foreign doubtful receivables and tax treatment in Turkey.

How to Recognize Foreign Doubtful Receivables for Tax Purposes in Turkey

Can foreign receivables be classified as doubtful debts in Turkey? This article explores the legal and tax conditions under which foreign trade receivables may be provisioned as doubtful, in light of Article 323 of the Tax Procedure Law, Private International Law, tax rulings, and Council of State decisions.