04February2021

R&D and Technology Development Zone Regulations

With the Law No. 7263 published in the Official Gazette No. 31384 on February 3^rd, 2021; new regulations regarding Technology Development Zones and R&D activities have been announced.

The new regulations can be summarized as below:

Regulations regarding Technology Development Zones Law (No. 4691);

Author Erdoğdu Onur Erol, Category Social Security Law and Legislation, Labor Law

22January2021

2021 Tax Declaration Announcement & Advertisement

The publication below may be out of date due to postponements and recent announcements. Please contact your client representative to have further information and for your queries about the recent announcements regarding your legal obligations.

All kinds of announcements and advertisements done within municipal borders and adjacent areas are subject to Announcement and Advertisement Tax. Natural or legal persons, who make the advertisement on their or other’s behalf, are considered as taxpayers of the relevant tax. Advertisement companies, who conduct announcement and advertisement works on behalf of others, are liable to pay the taxes of announcements and advertisements on taxpayers’ behalf. Announcement and Advertisement Tax payments can be made through registered municipalities’ e-municipality system and related banks.

Author Selma Kıy, Category Taxation Law

22January2021

Motor Vehicle Tax Payment for 2021 1st Period

The publication below may be out of date due to postponements and recent announcements. Please contact your client representative to have further information and for your queries about the recent announcements regarding your legal obligations.

1st installment payment of Motor Vehicles Tax for 2021 shall be done between 01 January – 31 January.

If you have registered vehicles to your name or company, 1st installment payment of Motor Vehicles Tax is necessary to be done. Taxpayers are able to view and pay their taxes, without logging into Interactive Tax Office, by submitting only the license plate and Turkish ID number.

Payments can be deposited from postal offices, tax offices and the banks which have an agreement with the authorities.

You can access related details on Motor Vehicles Tax from here. (The link is in Turkish)

Should you have any queries, please contact us.

Author Selma Kıy, Category Taxation Law

20January2021

A Reminder for Certain Legal Practices to Pay Attention in the New Year

With the Presidential Decree No. 3343, deadline for debt restructuring applications and for payment of first installments is 01.02.2021, within the scope of the Law No. 7256.
With the Presidential Decree No. 3343, for the taxpayers, who applied for debt restructuring within the scope of the Law No. 7256, deadline for the first installment of tax payments is 01.03.2021, and for the first installment of SSI payments is 31.03.2021.
With the Presidential Decree No. 2812, changes in VAT rates applied for certain goods and services are extended until 31.05.2021.

Author Selma Kıy, Category Taxation Law