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ARTICLE · 14 MAY 2025

What Is Attendance Allowence? How Is Attendance Allowence Calculated?

Boards of directors, one of the cornerstones of corporate governance, undertake many critical functions such as determining company strategies, managing risks, and creating long-term value.

TurkeyCorporate/Commercial Law

Boards of directors, one of the cornerstones of corporate governance, undertake many critical functions such as determining company strategies, managing risks, and creating long-term value. Among the payments made to board members in return for these responsibilities, the most common one is the attendance allowence. However, the definition of the attendance allowence, its legal framework, taxation process, and accounting treatment can often be confusing. So, what is an attendance fee? Who is entitled to receive it? How is it calculated and taxed?

In this comprehensive article, we will examine the entire process related to the implementation of attendance allowence in companies, based on the relevant legislation—from the legal framework and calculation methods to the taxation aspects and accounting records.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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