Turkey’s Ministry of Treasury and Finance published General Communiqué No.529 on Tax Procedural Law (the Communiqué) in the Official Gazette on 13 July 2021. According to the Communiqué, corporate taxpayers and other taxpayers specified in the Communiqué are required to declare the Ultimate Beneficial Owner. See EY Global Tax Alert, Turkey issues Communiqué on Ultimate Beneficial Owner declaration requirement, dated 13 July 2021.
The Turkish Revenue Administration recently published the Ultimate Beneficial Owner Declaration Form (the declaration form). Taxpayers must file the declaration form electronically with the Turkish Revenue Administration by 31 August 2021 at the latest. The form has been posted on the internet tax office.
The UBO declaration form can be accessed via the "Other Notification and Information Entries" menu in the internet tax office.
The information requested in the declaration form is as follows:
Name and surname
Mother’s and father’s name
Country / Province / Town
Residence address / Postal code
Nationality
Date and place of birth
Occupational information / Title
Share rate (%) in the company
Type of shareholder
Telephone and fax number
E-mail address
Type of ID card / Country of issuance
Republic of Turkey Identification number / Foreign ID number / Passport number
Reason for being the Ultimate Beneficial Owner
An unofficial English translation of the declaration form is provided in the Appendix.
For additional information with respect to this Alert, please contact the following:
Kuzey Yeminli Mali Müsavirlik A.S., Istanbul
- Ates Konca
- Gamze Durgun
For a full listing of contacts and email addresses, please click on the Tax News Update: Global Edition (GTNU) version of this Alert.