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Legislation - CottGroup Holistic Business Services

25April2016

HR's Responsibility on The Protection of Personal Data

In the beginning of April 2016, the question of how sensitive personal data shall be protected arose when the personal information of over 50 million Turkish citizens was released on internet. Coincidently, around the same date the Turkish state released new legislation on how to protect personal information. The legislation entitled the Protection Of Personal Data was published on April 7, 2016 in the Legal Turkish Newspaper and is based on the European Union Commission and EU Parliament’s 95/46/EC numbered, October 24, 1995 dated Directive on the protection of the free movement of personal information and its process.

Category Personal Data Protection Law, Social Security Law and Legislation, Labor Law

04April2016

The Criteria of Being Subject To Independent Audit Have Been Amended

With the "Decision concerning the Amendment of the Decision on Determination of Companies which shall be Subject to Independent Audit" published in the official gazette on 19 March 2016, the criteria of being subject to independent audit have been amended. This decision entered into force to take effect as of January 1, 2016. According to the relevant decision;

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Taxation Law

15March2016

Corporate Tax Deduction in Case of Cash Capital Increase

The issue of deduction in case of capital increase is given in detail in the "Communique (Serial No. 9) on the Amendment to the General Communique of Corporate Tax" issued by the Ministry of Finance (Revenue Administration) and published on the official gazette dated March 4, 2016.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Taxation Law

17February2016

Income Tax Exemption for Young Entrepreneurs

Income tax exemption has been introduced for the young entrepreneurs by the "Law on Amendment of Income Tax Law and Certain Other Laws" published in the official Gazette dated 10.02.2016.

 

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Taxation Law

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