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31August2020

Short-Term Employment Extension

Short-term employment allowance due to Covid-19 reason has been extended 2 months.

Short-term employment extension will be able to be used starting after the extension period announced by the President's Decision No. 2810 dated 30/7/2020 within the frame of the President Decision No. 2706 dated 29/06/2020.

Accordingly, the last date for short-term employment would be 31 Oct 2020.

The decision regarding the extension was published on Official Gazette dated 31 Aug 2020 No: 31230.

You can reach the related decision via that link.

Author Erdoğdu Onur Erol, Category Social Security Law and Legislation

17August2020

Extension Of VERBIS Registration Deadlines Doesn't Mean KVKK Is Postponed

VERBIS (Data Controllers' Registry Information System) is a registration system where data controllers are obliged to register and declare their personal data processing activities. According to the announcement made by the Turkish Personal Data Protection Authority in November 2019, it is envisaged that the processes for VERBIS registration will be completed by 30th of June 2020. However, due to the pandemic process that affected the whole world, many companies have adopted the principles of working remotely or part-time, which made it difficult to complete the necessary preparations for the registration. Having considered these issues, the Authority stated that they made the necessary arrangements and announced that the obligation to register with VERBIS has been postponed. You can access the extended deadlines via this link.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Personal Data Protection Law

10August2020

Withholding Tax & Premium Service Declaration Announcement

The merged Monthly Premium and Service Declaration will be applicable for the July 2020 income period and to be submitted until 26 August 2020.

Guidelines for data entry of Withholding and Premium Service Declaration can be accessed from the link below:

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

06August2020

The Withholding Rates To Be Made In Real Estate Rentals Have Been Reduced From 20% To 10%

With the 2813 numbered Presidential Decree published on the Official Gazette No. 31202 on 31.07.2020; until 31.12.2020 withholding rates of rent payments of real estates, to be made in cash or to account, have been reduced from 20% to 10%, in accordance with the 94th article of Income Tax Law and 15th article of Corporate Tax Law.

Author Selma Kıy, Category Taxation Law

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