KPMG

KPMG Turkey- Tax Services

Tax team of KPMG in Turkey, led by Abdulkadir Kahraman, provides services with around 250 tax professionals, 66 of whom are partners, directors and managers. KPMG Turkey's tax team has been recognized by professional magazines and industry overviews as one of the leading tax advisors in Turkey. Providing services under two main categories, "Tax Compliance" and "Tax Advisory", KPMG Turkey offers multidisciplinary solutions on national and international scale.

Areas Of Practice

Corporate Tax Compliance Services

Corporate tax may create significant additional costs and cash outflows. We help our clients in appropriately assessing their tax challenges and opportunities, and developing right solutions to mitigate their tax burdens by understanding their specific business requirements.

KPMG Turkey also provides comprehensive investment incentive advisory services including R&D investment support advisory and check-up services for companies in order to determine sector specific incentives and map out an incentive agenda.

International Tax Services

Our International Tax team works closely with global KPMG offices to follow global tax developments (including Double Tax Treaty network of Turkey including new phenomenon BEPS initiatives and advice on their implications for Turkish tax environment. The combination of global tax knowledge matched with local tax practice provides valuable insight during establishing a new investment or reorganization / refinancing of an existing structure.

Deal Advisory (M&A Tax and Legal) Services

Companies may rely on M&A opportunities both at new investment phase or in future growth or restructuring phases. Our dedicated M&A Tax and Legal teams can assist you in full range of tax and legal issues applicable to a deal environment. Through our wider Deal Advisory group, we also assist our clients in finding the right partners or investment opportunities in or out of Turkey and make sure an integrated and one-stop M&A service, which we believe is key to an effective M&A strategy.

Global Mobility Services

As global workplace becomes more connected, the status of cross border employees (so called expatriates) requires more attention from tax perspective. Our GMS team is closely connected with global KPMG network to provide the most effective tax planning and compliance services (including social security and work permit requirements) for your cross border employees.

Global Transfer Pricing Services

Being a part of a network which covers 150 countries, our experienced Global Transfer Pricing Team provides robust, forward-thinking advisory services that not only considers the short term needs of your business, but also the longer term implications. Our team can set your responsibilities under the light of new regulations, prepare function and risk analyses regarding your transactions with related parties, set your transfer pricing policies, adjust your transfer pricing policies according to the local legislations, prepare all required documentations regarding the transfer pricing rules, Perform transfer pricing and economic analyses, complete procedures related to APA (Advance Pricing Agreements). Additionally, GTPS team also assists clients in mutual agreement procedures.

Customs, Excise and Foreign Trade Services

Import duties, excise tax and foreign trade related expenses have a direct impact on the companies' profit margin. Incompliance with increasingly complex regulations, on the other hand, forms risk-driven environment for businesses. Our Customs, Excise & Foreign Trade Team enables you to anticipate, identify, analyze, minimize and manage customs risk and identify opportunities to reduce cost.

Indirect Taxation (VAT Refund, SCT) Services

Our indirect tax team structures its effort to provide our clients with workable and efficient solutions adapted to their business issues and strategy. Our team can help you with your VAT refund claims and other issues regarding Special Consumption Tax, Special Communication Tax, Banking and Insurance Transaction Tax and Other duties and funds, as well as assisting in dealing with your administrative obligations (in case of tax audits, reorganizations and acquisitions, etc.) and liaising with the tax authorities.

Accounting and Tax Outsourcing Services

Our team of experts helps clients to achieve their financial and operational targets by offering various business solutions. The main services can be grouped as Accounting and Financial Support Services, Services for Liaison Offices and Payroll Process Analysis and Calculation. We also provide assistance in preparation and submission of tax returns to the tax authority on time, in complete and most accurate way.

Conatcts:

Abdulkadir Kahraman
		KPMG Turkey Head of Tax, Partner T +90216681- 9004 akahraman@kpmg.com www.kpmg.com.tr Has more than 27 years of experience in domestic and international taxation. Specialized in Financial Services Industry, with a deep tax technical expertise in related tax areas of Financial Services including Transfer Pricing and Tax Controversy and also in the taxation of capital gains from money and capital markets.

Ayhan Üstün
		KPMG Turkey Tax Advisory Services, Partner T +90216681- 9020 ayhanustun@kpmg.com www.kpmg.com.tr Tax Partner, leading the Tax Advisory service line of KPMG in Turkey. The leader of KPMG Turkey's Energy and Natural Resources sector division. Specialised in advising multinational companies to structure their mergers, acquisitions, reorganisation and new investments in Turkey.

Timur Çakmak
		KPMG Turkey Tax, Partner T +90216681- 9151 tcakmak@kpmg.com www.kpmg.com.tr Tax Partner specialized in Tax Compliance, SCT services, as well as double taxation and tax information exchange treaties. Has deep industrial knowledge in telecommunications, retail, building & construction and public sectors.