Legislation Categories
Legislative Updates
Here you can access most recent articles on legislative updates regarding Personal Data Protection Law, Social Security Law, Taxation Law, Occupational Health and Safety Law, Code of Obligations, Labor Law, Turkish Commercial Code, Law on Protection of the Value of Turkish Currency, Foreign Exchange Legislation, and Immigration Law in Türkiye.
Bilateral Treaties
You can access the dates of the most recent international bilateral social security and double taxation treaties made between Türkiye and other countries and relevant documents here.
Test
Amendments have been made regarding the rate of partial stoppage applications and its scope with the Communiqué (Row No: 35) on Amending the Communiqué of Value Added Tax General Application, which was published in the Official Gazette No. 31397 on 16 February 2021.
Related amendments are as follows;
Continue Reading
Category Taxation Law
The publication below may be out of date due to postponements and recent announcements. Please contact your client representative to have further information and for your queries about the recent announcements regarding your legal obligations.
Short-term employment allowance has been extended to 31 March 2021 with the Presidential Decree No: 3556 on 19 Feb 2021.
You can reach the related decision via the link (in Turkish).
Should you have any queries or need further details, please contact us.
Category Social Security Law and Legislation
With the presidential Decree No. 3490, published on Official Gazette No. 31385, as of 01.01.2021, the enterprises whose foreign resources exceed equity, 10% of the total of interest, commission, maturity difference, dividend, exchange rate difference, similar expenses and cost elements related to the foreign resources used in the enterprise, excluding those added to the cost of the investment, will not be considered as an expense in determining the earnings by income and corporate tax taxpayers.
Within the scope of the decision, credit institutions, financial institutions, financial leasing, and factoring companies are excluded.
Decision will be effective as of 2021/01 Temporary Taxation Period.
The application principles for income and corporate taxpayers in the taxation of earnings as of 2021/01 are as follows;
Per the Article 30 of the Labor Law numbered 4857, workplaces employing fifty or more employees in the private sector are obliged to employ "three percent disabled" employees.
Employers should pay attention to the below points per the Article 30 of the Labor Law:
Category Social Security Law and Legislation, Labor Law