Evaluation of Tax Practices for Technocity Enterprises in Turkey

Abstract

Although efforts to establish technoparks in Turkey started in 1980, the subject of technoparks is a relatively new field. In this study, two laws enacted in 2001 and 2008, the Technology Development Zones Law No. 4691 and the Law No. 5746 on Supporting Research and Development Activities, are discussed and it is emphasized that the tax incentives and exemptions applied to technoparks remain general in scope and that only supporting the law with directives is an important deficiency. It is stated that introducing additional types of incentives will be effective in reaching the technological level that Turkey needs for its projectbased technology infrastructure. It is of great importance to inform companies about technoparks and to quickly eliminate deficiencies.