08.06.2025 15:00
In an analysis conducted by the Ministry of Treasury and Finance, it was determined that 1,725 individuals earned a total of 3.6 billion Turkish lira in dividends that exceeded the declaration threshold from publicly traded companies, yet they did not report this income. While 200 million Turkish lira in taxes went unpaid, these individuals were reported to the tax authorities.
The Revenue Administration (GİB) conducted a comprehensive audit of the profit shares obtained from publicly traded companies.
In the study covering the years 2022, 2023, and 2024, the profit share payments made by publicly traded companies were scrutinized.
The administration analyzed the amounts of profit shares distributed to individuals holding shares of publicly traded companies, taking into account the information received from institutions related to the declarations.
In the study, gross profit share amounts were determined by considering the income tax deductions previously made regarding these payments.
TAX LOSS OF 200 MILLION LIRA
According to the Income Tax Law, since half of the profit shares obtained by individuals are exempt from income tax, it was checked whether the remaining income after this exemption exceeded the annual declaration limits.
As a result of the control, it was determined that 1,725 individuals who did not submit an annual income tax return despite the remaining profit share income exceeding the declaration limit after the exempted amount in the years 2022, 2023, and 2024.
It was found that these individuals did not declare 3.6 billion lira worth of profit shares, and consequently, approximately 200 million lira in taxes were not paid.
Individuals who obtained profit shares from publicly traded companies above the declaration limit but did not submit an income tax return were reported to the relevant tax offices.
"THE GOAL IS A FAIRER TAX SYSTEM"
Minister of Treasury and Finance Mehmet Şimşek stated that GİB will continue its efforts towards taxpayers who do not fully and timely fulfill their tax obligations by utilizing all the opportunities offered by technology, saying, "With such efforts, we aim to both increase the level of voluntary compliance and ensure that the tax system is fairer, more transparent, and sustainable."