Rule
TRNC corporate tax is filed annually — by April, or within 4 months of a non-calendar year-end — and paid in two instalments, in May and October. A 5% discount rewards 3 consecutive years of on-time compliance. Reassessment is time-barred after 7 years.[1]
Exceptions
- The exact current late-payment interest rate is a genuine gap — it is set under the separate Kamu Alacaklarının Tahsili Usulü Yasası (Public Receivables Collection Procedure Law), not fetched or read here.
Applies to
- Who:
- Investors · Company shareholders