International Tax Reporting Frameworks Under Turkish Law
Turkey is a signatory to the OECD Common Reporting Standard (CRS), enabling automatic exchange of financial account information with over 100 partner jurisdictions.
1. CRS Financial Data Shared
Turkish financial institutions automatically report account balances, interest income, dividends, and gross proceeds of foreign tax residents to the Revenue Administration (GİB) for cross-border transmission.
2. Tax Residency Determination
Determining tax residency status under domestic law (183-day physical presence rule) and Double Taxation Agreements to prevent improper tax assessments.
