2017 Legal Parameter Changes

Income Tax Exempted Food Allowance

Meal allowance tax exemption amount that is applied as of 1^st January 2017 was announced in 296 serial numbered Income Tax General Communique on 27.12.2016 with Official Gazette. According to this announcement, meal allowance, which is provided by the employer outside of the workplace and workplace outbuildings as defined in the Income Tax Law's 23^rd Articles, exemption amount is defined as 14.00 TL for 2017.

Disablement Degree Discount

Disability tax discount amounts which are applied as of 1^st January 2017 come into force with publication of 296 serial numbered Income Tax General Communique on 27.12.2016 and 29931 numbered Official Gazette.

According to this announcement, disability tax exemption which is defined in the Income Tax Law's 31^st Article are as follows;

• 1^st degree 900 TL
• 2^nd degree 470 TL
• 3^rd degree 210 TL

Income Tax Brackets of 2017

Income tax brackets that are used in salary calculations as of 1^st January 2017 was published in 296 serial numbered Income Tax General Communique on 27.12.2016 and with Official Gazette.

According to this announcement,

Stamp Tax Rate

The new stamp tax amount which will be applicable to declarations has been announced in the official gazette numbered 29931, dated 27.12.2016, and is as shown below:

1. Stamp tax amount of Social Security Declaration is 25,30 TL
2. Stamp tax amount of Withholding Tax Declaration is 33,90 TL

Please contact your customer representative for additional information and requests regarding above matter.

To read the full Turkish text on the Stamp Tax Law, please click.

To read the Turkish additional list of Stamp Tax Law, please click.

To read the full Turkish text on the Income Tax Law, please click.