The document titled "Türkiye International Direct Investment Strategy 2024-2028" has been meticulously prepared as a roadmap to ensure sustainable economic development in Türkiye and to promote international investments. The aim is to enhance both the quality and quantity of international direct investments (FDI) in the country. In summary, the document includes the following key points:

Important changes have been made in social security practices with the Law No. 7524 on Amendments to the Tax Laws, Some Laws, and Decree Law No. 375, published in the Official Gazette dated August 2, 2024.

What is Changing?

The per diem amounts exempt from income tax for the period from July 1, 2024, to December 31, 2024, have been calculated based on the per diem amounts listed in Schedule (H) of the Central Government Budget Law for 2024, published in the duplicate Official Gazette dated December 31, 2023, and numbered 32416, effective as of January 1, 2024, and the regulation of Article 24/2 of the Income Tax Law, and the civil servant salary coefficients for the period from July to December 2024.

As is known, Article 34 of Law No. 7499 on Amendments to the Code of Criminal Procedure and Certain Laws, published in the Official Gazette dated March 12, 2024 and numbered 32487, amended Article 9 titled "Transfer of Personal Data Abroad" of Law No. 6698 on the Protection of Personal Data. This amendment came into effect on June 1, 2024.

In the eleventh paragraph of the new version of Article 9 of Law No. 6698, it is stipulated that the procedures and principles for the implementation of this article will be regulated by a regulation. In this context, the "Regulation on the Procedures and Principles Regarding the Transfer of Personal Data Abroad" was published in the Official Gazette dated July 10, 2024 and numbered 32598, and it came into effect.