Should Wage Earners File Annual Income Tax Return?

Public administrations and establishments, state-owned economic enterprises, other institutions, trade companies, business partnerships, associations, foundations and economic enterprises of associations and foundations, cooperatives, investment fund managers, traders and self-employed who are obliged to declare their actual revenues, farmers who determine their agricultural earnings on the basis of a balance sheet or an agricultural enterprise account are, when making payments in cash or on account (including those paid in advance) from the wages paid to the employees (service personnel), obliged to apply a withholding to be set off against the income taxes of the right owners of the relevant wages.

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Turkish Currency Protection Law

How does the Law on the Turkish Currency Protection Presidential Decree Law numbered 32 and the Communique on the amendment of the relevant Law effects the agreements based on foreign currencies? How will the employment contracts be impacted in relation to the new regulations?

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