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.

Following the local elections on March 31, 2024, the tightening policies in fiscal policy accelerated. The Omnibus Law Proposal includes new regulations concerning almost every sector.

• A "local minimum corporate tax application" is foreseen for resident companies in Türkiye.

Corporate Tax will not be less than the minimum tax calculated as 10% of the corporate income before deducting discounts and exemptions, or the higher of the minimum tax calculated as 10% by accepting 2% of the declared revenue as the tax base.

According to the Circular dated July 5, 2024 and numbered 27998389-010.06.02-3248709 published by the Ministry of Treasury and Finance with the subject 'Financial and Social Rights', the coefficients used to calculate the wage of a public officers have been revised effective July 1, 2024.

Income Tax Exempted Child Support

According to the Circular dated July 5, 2024 and numbered 27998389-010.06.02-3248709 published by the Ministry of Treasury and Finance with the subject ‘Financial and Social Rights’, the coefficients used to calculate the wage of a public officers have been revised effective July 1, 2024.