The details regarding the cancellation of excessive payment refunds in the short-term employment allowance, which entered into force pursuant to the temporary article 29 of the Law No. 4447, were announced with İŞKUR Circular No. 2020/5 (dated 11.12.2020).

According to the circular; "The Procedures and Principles Regarding the Cancellation of Excessive Payments Under the New Coronavirus (Covid-19) Short-Term Employment" are as below:

Excessive and improper payment;

• The force-majeure reason should be related to short-term employment based on New Coronavirus (Covid-19).
• Regardless of the date on which excessive and improper payment was created, the payment period should belong to the period October 2020 and before.
• It should not have been collected as of 17/11/2020.
• It must have been caused by the incorrect transitions of the employers.

The Regulation on the Processing of Personal Data and the Protection of Privacy in the Electronic Communications Sector ("Regulation") was published in the Official Gazette dated 4.12.2020 with no. 31324. The Regulation regulated within the scope of Electronic Communications Law Numbered 5809 ("Law"), and sets forth the terms and conditions to be followed by the operators who operate in the electronic communications sector in terms of the data they obtain within the scope of providing electronic communications services, including legal person subscriptions.

The regulation covers companies that provide electronic communication services and/or provide electronic communication networks and operate their infrastructure within the framework of authorization ("Operator"). The featured statements in the Regulation are as follows:

Pursuant to duplicated Article 298 of Tax Procedure Law, revaluation rate has been published in the Official Gazette numbered 31318 and dated 28.11.2020. Revaluation rate announced in the rate of 9,11% (nine comma eleven) for 2020.

According to the rate, the administrative fines in Article 18 of the Turkish Personal Data Protection Law ("KVKK") numbered 6698 shall be imposed in 2021 as in the following amounts:

With the Official Gazette numbered 31322 published on 02.12.2020, period extensions have been made on the articles Temporary 26, Temporary 10, Temporary 19 and Temporary 21 of Law no: 4447.

Social Security Normalization Support (No:7252)

The Social Security Premium Incentive period known as "normalization support (numbered 7252)" in the Temporary Article 26 has been extended to 30.06.2021 and can also be valid for up to 6 months.

For private sector employers, three months from the month following the end of short-term/cash wage support until 30.06.2021.