Within the scope of the “Communiqué (Communiqué no: 2019-32/56) On Amending the Communiqué (Regarding Export Prices) (Communiqué no: 2018-32/48) Regarding Protection of the Value of Turkish Currency Resolution numbered as 32”; which was published on the 5th Recurrent Official Gazette dated as 31.12.2019, the regulation that came into effect with former Communiqués regarding the obligation to bring export prices to Türkiye and to sell 80% to a bank has been cancelled.

• Income Tax Exempted Food Allowance
• Income Tax Exempted Commuting Allowance
• Disablement Degree Discount
• Income Tax Brackets of 2020
• Stamp Tax Rate

a. Minimum wage

In The press release dated December 26, 2019 the Ministry of Labor along with the Minimum Wage Determination Committee have announced the minimum wage to be effective for the year of 2020 as shown in the table below.

Law number 7194 for taxation of digital services and Law number 375 for the changes in tax legislation has been published in the official gazette on 7 Dec 2019.

Significant changes have been made in the context of taxes with this Law. Featured changes can be summarized as follows;

Digital Services Tax

As per the new regulation; the revenue resulting from various digital services like any advertisement service, selling activities in digital platform, any services allow digital activities as watching, listening, saving on digital platforms will be subject to taxation.