The Turkish Revenue Administration has announced the release of the Tax Guide for Taxpayers with Commercial Income, which provides comprehensive guidance for individuals (natural persons) who earned income from commercial (business) activity in the 2024 calendar year. The guide covers various aspects of commercial income, including its scope, determination methods, deductible and non-deductible expenses, and available exemptions. The guide also explains the real and simplified taxation procedures, tax exemptions for young entrepreneurs, and the treatment of income generated from social media activities. Lastly, it addresses tax deductions and refunds, the tax assessment processes, progressive tax rates, return deadlines, and payment...