Third Sector Foundation of Turkey (TUSEV) published the Tax Legislation Related to Foundations and Associations in Turkey and Public Benefit Status: Current Situation and Recommendations Report. Prepared as part of TUSEV’s work for developing a better fiscal regime for CSOs in Turkey, the report is the most comprehensive study on fiscal environment for CSOs in Turkey up to date. It analyses the current situation of the fiscal legislation and Public Benefit Status in Turkey and offers recommendations for improvements in the tax regime under two parts. The first part of the report examines the fiscal and tax regulations for the foundations and associations in Turkey and puts forward suggestions for a more enabling fiscal environment for CSOs and development of civil society and philanthropy in Turkey. The second part of the report examines the Tax Exemption Status for Foundations and Public Benefit Status for Associations; the most important means of benefiting from tax exemptions or exceptions for CSOs in Turkey. Read the report here.
Source: TUSEV