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02December2024

Important Regulation on Meal Allowance and SSI Premium Exemption

The provision in Article 97, paragraph 7, subparagraph (a) of the Social Insurance Transactions Regulation, which governs the earnings subject to premiums for insured individuals under Article 4, paragraph 1, subparagraph (a), had previously stated; "Provided that no meals are provided at the workplace or its premises, any payments made under the name of meal allowances, whether directly to the insured or to third parties on their behalf, shall not be considered in calculating earnings subject to premiums, up to the amount obtained by multiplying the daily minimum wage by a rate determined by the Institution's Board of Directors and the number of days actually worked."

Author Ümit Kır, Category Social Security Law and Legislation, Labor Law

27November2024

Administrative Fine Amounts in KVKK for 2025

Pursuant to duplicated Article 298 of Tax Procedure Law, the revaluation rate has been published in the Official Gazette numbered 32735 (In Turkish) and dated November 27, 2024. Revaluation rate announced in the rate of 43,93% (fourty three comma ninety three) for 2025.

Author Ecem Kumsal Başyurt, Category Personal Data Protection Law

22November2024

Announcement on the Use of National Vehicle Identification System in Fuel Sales

With the announcement dated November 19, 2024, published by the Revenue Administration, the replacement of payment recording devices at fuel stations with new generation pump payment recording devices with increased security level and instant information sharing, and obtaining collateral from those who will obtain a license for the first time in this market and those who continue their activities, considering interventions to these devices and other related systems as a tax evasion offense, the requirement that invoices for fuel and LPG deliveries be issued at the time of delivery, and the requirement that there is no tax debt during the process of obtaining and renewing a fuel license have been put into effect.

Author Selma Kıy, Category Taxation Law

08November2024

Amendments Made in Electronic Ledger Application

With the Communiqué on the Amendment to the E-ledger General Communiqué Row No:1 (Serial No:5) published in the Official Gazette dated November 8, 2024 and numbered 32716, income and corporate taxpayers who keep their books according to the balance sheet basis are obliged to be subject to e-ledger application as of January 1, 2025.

Author Erdem Duman, Category Taxation Law

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