Communiqué on the Amendment of the Communiqué on the Procedures and Principles for the Implementation of the Article 376 of the Turkish Commercial Code Numbered 6102 ("Amendment Communique") (In Turkish) has been published in the Official Gazette dated November 8, 2022 and numbered 32007. The amendment made in the Communique is as follows;

With the Amendment Communiqué, published in the Official Gazette dated September 15, 2018 and numbered 30536, the provisional clause of "Communiqué on the Procedures and Principles for the Implementation of the Article 376 of the Turkish Commercial Code Numbered 6102” ("Communiqué") (In Turkish)

Turkey Revenue Administration has announced a new Communique (no: 321) and added a new statement about the cumulative income tax base transfers to the previously published Communique with the no: 311.

With that new additional rule;

If the employee has generated wage income from more than one employer at the same time, the cumulative income tax bases could be transferred. This rule would be applicable if the employer accepts the employee’s request.

Based on the above addition, the regulations about cumulative income tax base taxation would be as below:

With the Communiqué on Amending Value Added Tax General Implementation Communiqué Serial No 43 published in the Official Gazette No. 31994 on 25.10.2022, there have been certain changes in Value Added Tax General Implementation Communiqué.

With the Amended Communiqué;

"The New Omnibus Law on the Amendment of the Income Tax Law (In Turkish) and Some Laws and Delegated Laws" proposed to the Speakership on 07.10.2022 will bring about the regulations to the Income Tax Law and Corporate Tax Law.

The Tax Exemption for Cash Meal Allowance for Employees;

In the case where meals are not served to the employees at the workplaces, it is expected that the cash meal allowance cost per workday, not over 51 TRY, will be exempted from income tax, and the payments over this amount and other benefits provided for this purpose will be taxed as wages. In the case, the cash meal allowance is transferred into the bank account of the employees and these amounts are used outside of the catering service firms, it will be possible to benefit from the related exception.