How to Get the Asset Amnesty Rate Down to 0%

The 5% default — and the discount for patience

The headline price of Türkiye's 2026 Asset Peace regime (Varlık Barışı) is a flat 5% of the declared value of your assets, collected upfront by the bank or brokerage that handles the declaration. But 5% is only the standard rate. The regime, built on Geçici Madde 19 of the Corporate Tax Law, offers a sliding scale that rewards you for keeping the declared money inside qualifying Turkish instruments. Commit to hold for long enough and the effective rate falls all the way to 0%.

The logic is straightforward: the longer you undertake to keep the declared assets parked in a defined set of Turkish investment vehicles, the lower your rate. There is no ceiling on how much you can declare, so for larger balances the choice between 5% and 0% is the single most valuable decision in the whole process. On a declared value of, say, one million lira, the gap between the standard 5% and a fully committed 0% is fifty thousand lira — a direct saving, not a deferral.

The holding-commitment rate table

Each additional year of commitment shaves roughly one percentage point off the standard 5%. The full scale looks like this:

These are the base rates, available for declarations made through 31 December 2026. Declarations lodged after that date carry a small surcharge that lifts every figure in the table — a detail covered in our guide to the deadlines and surcharge windows. To reach a true 0%, you need the full five-year commitment; anything shorter lands you somewhere on the 1–4% band.

Which instruments qualify for the discount

The reduced rate is not available for parking the money just anywhere. To earn it, the declared assets must be held in one of three defined categories of Turkish instrument:

Holding the assets in one of these vehicles for the committed period is the condition on which the discount rests. If you break the commitment early — withdrawing or reallocating before the term is up — you fall outside the reduced-rate conditions, and the relief you claimed is at risk. Because the qualifying list is narrow, deciding where to place the money is not a side issue; it is the mechanism itself. It also interacts with the wider question of which assets you can declare in the first place, since foreign holdings have to be brought into the Turkish system before they can sit in a qualifying instrument.

How the upfront 5% meets the commitment

Here is the part that trips people up. The 5% is collected upfront by the bank or broker at the time of declaration, and that intermediary then declares and pays it to the tax office as the responsible party. The reduced rates, by contrast, depend on a forward-looking holding commitment. So the two features have to be reconciled: you give the commitment, and the benefit of the lower rate is delivered against it.

The precise choreography — whether the reduced rate is applied at source under the commitment letter, or whether the standard amount is taken first and the difference relieved or refunded once the holding condition is satisfied — is a matter for the implementing General Communiqué (Series No. 1) and the commitment documentation, not something to assume. What is fixed is the rate you ultimately bear for a given holding period; the operational detail of getting there is set by secondary legislation and should be confirmed with your bank and adviser before you sign anything. There is at least no friction cost on the paperwork itself: no stamp duty applies to the declaration or the commitment letter.