In the Turkish Tax Law there are special tax advantages available to the taxpayer. The taxpayer will undoubtly benefit from these advantages if the advantages are identified and the most beneficial way of using these advantages are explained.To benefit from this tax advantage should never be misunderstood as "Tax Evasion”. According to the Tax law, several convenient rules were included for the taxpayer and when used properly these amendments can achieve financial benefits and they are legally supported by related decrees.To reduce the burden of tax through these advantages is a right given to taxpayer by the law and unlike tax evasion it is a valid legal method. The Taxpayer should acknowledge their rights and benefit from these tax advantages by practising its common right to reduce its payable tax, just like it has a lawful right to pay taxes.This article explains most of the currently available tax advantages and different types of legislations. It also contains and explains different segments of taxpayers one by one and demonstrate this with relevant applicable examples.When explaining these tax advantages the relevant legislation rules are also included.From taxpayers perspective, this article explains the benefits of these tax advantages and several of these unknown or unnoticed tax advantages.Most commonly used tax advantages are: ;Investment allowances rediscount, valuation of stock through IJhO method, other appreciating funds, revaluation, amortisation through diminishing balances method, and provision for bad debt can all be listed.