Challenges

As per Provisional Article 82 of the Income Tax Law No 193; Real persons with full tax liability, who are individual angel investors in the scope of Article 253 of the Presidential Decree on the Organization of the Presidency No.1, are allowed to deduct 75% of the joint-stock company shares’ value they calculated according to the valuation provisions of the Tax Procedure Law No. 213 from their income and revenues subject to the annual return issued during the year in which the shares were acquired, provided that the shares acquired after the effective date of this article are held in hand for at least two years.

The aforementioned deduction rate is applied as 100% for the angel investors who invest in corporation that have research, development and innovations projects which were supported by the Ministry of Industry and Technology, Scientific and Technological Research Council of Turkey and Small and Medium Industry Development and Support Organization within the last five years.

Primary target

Which group does your product/service primarily target?

Description of Innovation

This section was left blank. Tax support for individual angel investors is regulated in the Provisional Article 82 of the Income Tax Law No. 193

Results

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