21December2017

Update on The Payment Terms of Social Security Instituton Premiums

We have announced the regulation which came into force the on the Social Security Institution Applications on our article dated 13.12.2017.

It has been announced that; “November 2017 social security (SSI) premiums payable for the employee who earns a wage in exchange for the services provided during the first and thirtieth day of a month, along with the deferred February 2017 premiums all shall be paid to the SSI on 26.12.2017, the latest.

Author Selma Kıy, Category Social Security Law and Legislation

14December2017

Amendment on Payment Terms of Social Security Instituton Premiums

Pursuant to the regulation which came into force with the publication on the Official Gazette no. 30261, published on 5.12.2017 the provisional Article 34 titled “Payment Term for Certain Premiums for November 2017” was added to the Social Security Transactions Regulation.

Author Selma Kıy, Category Social Security Law and Legislation

14December2017

Withholding And Premium Return Declaration Is Postponed To A Future Date

Pursuant to the Law that was published in the Official Gazette no. 29796 on the date 09.08.2016, it has been decided that Withholding Tax Return and Monthly Premium & Service Declarations should be combined under a single return called “Withholding Tax and Premium Service Return”. This was launched for businesses which are taxpayers in Kırşehir on 01/06/2017 ; as Kırşehir was chosen the test zone (banks were excluded from the pilot scheme). It was further decided that this policy would be effective as from 01.01.2018 for all taxpayers that fell within its scope throughout Türkiye.

Author Selma Kıy, Category Taxation Law

06December2017

Omnibus Bill Numbered 7061 on New Tax Amendments

The Omnibus Bill numbered 7061 entitled “Law on Amending the Current Tax Laws, and Laws, and Decree Laws” has been published on the Official Gazette dated 05.12.2017. Below, we will review the Bill in terms of tax implementations, firstly in the form of headings and then in detail.