Open menu

Legislation

Legislation - CottGroup Holistic Business Services

20May2020

Procedures and Principles of Dividend Distribution Limitation are Determined

Within the scope of Provisional 13th Article of Turkish Commercial Code numbered as 6102, added with 17/04/2020 dated and 7244 numbered Law; it has been decided that "until 30/09/2020, capital companies can only decide to distribute 25% of 2019 period net profit, previous years'profits and free capital reserves cannot be included within the decision, and company board cannot receive authorization of advance dividend payment from general assembly".

The communiqué published in the 31130 numbered Official Gazette on 17.5.2020, provides explanations regarding the procedures and principles of executing the provisional 13th article of the Turkish Commercial Code.

Author Selma Kıy, Category Taxation Law

13May2020

Submission and Payment Periods of Provisional Tax Returns are Extended to 28 May

Due to the curfew to be imposed within the scope of Covid-19 outbreak precautions, with the 12.05.2020 dated and VUK-130 / 2020-9 numbered circular, Revenue Administration of The Ministry of Treasury and Finance has extended submission and payment of Provisional Tax Returns, which belong to 2020 1st Provisional Tax Period (January-February-March), until the end of 28 May 2020, Thursday, instead of May 18 2020.

Author Selma Kıy, Category Taxation Law

11May2020

Covid-19 Not Accepted As A Work Accident or Occupational Disease

With the circular dated 07/5/2020 and numbered 2020/12; SSI has announced that the insurance holders who are exposed to Coronavirus (COVID-19) disease will have sickness insurance provisions, not work accident or occupational disease provisions.

The below statement has been located under the Law no: 5510, Article 15;

Author Erdoğdu Onur Erol

05May2020

Remote Working Is Extended Until 27 May for Teknopark and R&D Companies

With the joint press statement given on 15 March 2020 by the Ministry of Family, Labor and Social Services, Ministry of Treasury and Finance and Ministry of Industry and Technology; it was declared that teknopark companies will be able to conduct their activities outside of the area until the end of April 2020, by notifying the ministry, and can continue to benefit from exemptions and incentives.

Author Selma Kıy, Category Social Security Law and Legislation, Taxation Law

<<  101 102 103 104 105 106 107 108 109 110  >>  

Lets start
Get a quote for your service requirements.

Would you like to know more
about our services?