With Law No. 7346 published in the Official Gazette numbered 31700 and dated 25.12.2021, new regulations have come into force for the R&D and technology development employees.
With that new regulation, the income tax exemption can be applicable up to the limit of 20% of the total population or 20% of the total time subject to the incentive for the time performed outside of R&D and technology development regions. The President can increase the rate to 75% per the regional or sectoral developments.
You can reach the Official Gazette via the link (In Turkish.)
Originally Published 28 December 2021
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