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Taxation Law

 
04Haziran2021

Remote Workdays Will be Declared Separately

Social Security Institution has published a General Letter regarding the Remote Workdays and stated that if there are any remote workdays during a month, these days should be declared separately in the merged Monthly Tax and Social Security Premium declaration.

SSI also states that the related update has been made per the recently published Remote Work Regulation and for this purpose, a new column/area regarding the remote workdays added to the format of the Merged Tax and Social Security Premium Declaration Form.

Accordingly, the remote workdays of employees should be tracked by employers for the new declaration format.

Yazar Erdoğdu Onur Erol, Kategori Social Security Law and Legislation, Taxation Law

03Haziran2021

10% Withholding Rate Will Be Applied for Renting Until 31.07.2021

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

Afterwards, with Presidential Decree No. 3319, the period of the regulation has been extended to 31.05.2021.

With Presidential Decree published on the Official Gazette numbered 31499 and dated02.06.2021, it is decided to apply 10% withholding rate for rent payments of real estate until 31.07.2021.

Yazar Selma Kıy, Kategori Taxation Law

03Haziran2021

Discounted VAT Rates in Some Service Sectors Have Been Extended

With Presidential Decree No. 2812 published in the Official Gazette dated 31.07.2020 and numbered 31202, VAT rates have been amended in some service sectors.

With Presidential Decree No. 3318, the date of 31.12.2020 has been amended as 31.05.2021 in the 6th provisional article.

With Presidential Decree published on the Official Gazette No. 31499 on 02.06.2021; the date of 31.05.2021 is amended as 31.07.2021 in the 6th provisional article of the Decision on Determination of Value Added Tax Rates to be Applied for Goods and Services.

Accordingly,

  • VAT rates applicable to some Goods and Services have been decreased from 18% to 8%,
  • VAT rates applicable to some Goods and Services have been decreased from 8% to 1% until 31.07.2021.

VAT rates to be applicable until 31.07.2021 for the following goods and services have been decreased from 18% to 8%;

Yazar Selma Kıy, Kategori Taxation Law

17Mayıs2021

Notice for the Legal Obligations in the Month of May 2021

Obtaining Tax Plate

Tax plates are required to be generated after submission of annual Income Tax and Corporate Tax declarations, until 31.05.2021, via GIB Internet Tax Office system.

With the General Communiqué No. 408 of Tax Procedural Law (VUK), the obligation of hanging tax plates to company and branches was cancelled, and the practice of keeping them at the workplace was introduced.

If it is determined that tax plates are not kept at the workplace, a special irregularity fine of 380,00 TL for 2021 will be issued, in accordance with the VUK article 353/4.

Yazar Selma Kıy, Kategori Taxation Law

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