Withholding And Premium Return Declaration Has Been Postponed To Be in Effect As of October 2018

In accordance with the publication of the Law that was published in the 09.08.2016 dated Official Gazette numbered 29796 it has been announced that the Withholding Tax Return and Monthly Premium & Service Declarations are to be combined under a single return called “Withholding Tax and Premium Service Return”.

On the date of 29.05.2018, the Ministry of Finance has announced a revision on the 30345 numbered Official Gazette in regard to the “General Statement on the Withholding Tax Return and Monthly Premium & Service Declarations” (item number: 4)

Within the scope of this announced statement, the single return application is postponed, once again and will be in effect as of October 1, 2018 for Türkiye. The businesses in the previously selected test zone areas will continue to declare the Withholding Tax and the Monthly Premium Returns under one declaration whereas the business outside the test zones will continue to declare the relevant statements separately until October 2018.

You can access further details regards the previous effective date and the test zones from our previously shared announcement

Author Selma Kıy, Category Social Security Law and Legislation, Taxation Law

• 

• Notification!

  The content in this article is for general information purposes only and belongs to CottGroup^® member companies. This content does not constitute legal, financial, or technical advice and cannot be quoted without proper attribution.

  CottGroup^® member companies do not guarantee that the information in the article is accurate, up-to-date, or complete and are not liable for any damages that may arise from errors, omissions, or misunderstandings that the information may contain.

  The information presented here is intended to provide a general overview. Each specific case may require different assessments, and this information may not be applicable to every situation. Therefore, before taking any action based on the information provided in the article, it is strongly recommended that you consult a competent professional in the relevant fields such as legal, financial, technical, and other areas of expertise. If you are a CottGroup^® client, do not forget to contact your client representative regarding your specific situation. If you are not our client, please seek advice from an appropriate expert.

  To reach CottGroup^® member companies, click here.