Tax incentives for mergers, corporate divisions and conversions in capital companies

This thesis comprehensively examines the legal foundations, practical applications, and economic impacts of tax incentives granted during structural transformation processes such as mergers, demergers, and conversions of capital companies in Turkey. These incentives, which aim to facilitate the legal restructuring of capital companies and enhance their economic efficiency, are analyzed both from a legislative perspective and within the context of real-world implementation.. The study investigates the functioning of tax incentives within the framework of key tax legislation, primarily the Tax Procedure Law No. 213, the Income Tax Law No. 193, and the Corporate Tax Law No. 5520. It critically assesses the challenges encountered in practice, explores areas of legal uncertainty, and identifies systemic shortcomings. Furthermore, the role of tax incentives in promoting sustainable growth, economic dynamism, and competitive strength of capital companies is evaluated through the lens of economic efficiency. The research also provides policy recommendations aimed at improving the effectiveness of the current tax incentive system