Turkey Intensifies Tax Audits for High-Income Earners
Turkey is increasing its tax scrutiny of high-income taxpayers through the Tax Inspection Board (VDK). The board has inspected nearly one-third of large-scale taxpayers this year, a significant rise from previous years' rates. This initiative includes formal inspections and monitoring to ensure accurate reporting. The VDK introduced the second High-Income Groups Monitoring and Compliance Programme in 2026, which led to an increase of $1 billion in declared tax bases among monitored individuals. Around 7,000 taxpayers who had not previously filed returns submitted them after being placed under monitoring. The initiative targets both those with company stakes whose income doesn't align with risk assessments and high-income earners without such holdings but displaying inconsistent lifestyles. The move reflects a broader effort to improve tax compliance among the wealthy in Turkey.
Topics: compliance government_policy taxation