The Ministry of Treasury and Finance has published 2019/2 numbered and 16.01.2019 dated “Sector Announcement on the Enrolment of the Employees to Mandatory Pension System by the Employers”. According to this announcement;

The Employers who have not registered their employees to the system by 27.12.2018, shall enrol their employees until 27.02.2019. Thus, the employers who have performed this obligation by the deadline, shall not be subjected to any penalties. There will also be no deduction implied to the salary of the employees under this scope.

As is known, with the Presidential Decree No. 476 (“Decree”) published in the Official Gazette dated 19.12.2018, payments made for advertisement services offered/mediated for online platforms had been included within the scope of tax withholding. You may access our article here that includes our reviews about the Decree, which entered into force to be applicable for payments to be made after 01.01.2019.

“Communique on Amendment to VAT General Application Communique (Serial no 23)” published in the Official Gazette No. 30687, dated 15.02.2019, and “Communique on Amendment to VAT General Application Communique (Serial no 24)” published in the Official Gazette No. 30692, dated 20.02.2019, entered into force upon having been approved by the Ministry of Treasury and Finance.

The amendments introduced by the communiques no. 23 and 24 are as follows:

7162 numbered “the Law on Amending the Income Tax Law and Other Laws” (the “Law”) is published on 30.01.2019 dated and 30671 numbered Official Gazette. The Law has made some crucial amendments on the Income Tax Law, the Value Added Tax Law, the Corporate Tax Law and the Municipality Incomes Tax Law.

Some important amendments brought with the Law as follows:

1. AMENDMENTS ON THE INCOME TAX LAW (“ITL”)

TRADESMEN EXEMPTED FROM THE TAX

Art. 1 of the Law has made an addition to the ITL. With this addition, the ones that sell online some products produced at home without establishing a workplace shall be in the scope of tradesmen exemption for the income tax. (Effective Date: 30.01.2019)