Legislation

COTTGROUP

09January2019

2019 1ST PERIOD - MAXIMUM SEVERANCE PAYMENT AMOUNT HAS BEEN DECLARED

According to the 27998389 - 010.06.02.87 numbered Circular published by the Ministry of Treasury and Finance on 08.01.2019 with the subject ‘Financial and Social Rights’, the coefficients used to calculate the wage of a public officers have been revised effective 01.01.2019.

Details on the above-mentioned subject are outlined below.

Written by Selma Kıy, Posted in Taxation Law, Labour Law

08January2019

ADDITIONAL DURATION OPPORTUNITY FOR RE-ADJUSTMENT

The “General Communique of the Law no. 7143 on Re-adjustment of Taxes and Some Other Debts” (the “Communique”) has published by the Ministry of Treasury and Finance (the Directorate of Revenue Administration) on 05.01.2019 dated Official Gazette. Herein this Communique has determined the procedure and principles of time extension for two months that is given for the re-adjustment.

According to this, the debtors who could not make their payments until 28 December 2018 and lost the right to apply for re-adjustment, shall benefit from the re-adjustment by making related payments with late payment interest until 28 February 2019.

Written by Seda Arıcı, Posted in Taxation Law

07January2019

NEW REGULATION ON EMPLOYER PREMIUM OF UNEMPLOYMENT INSURANCE

As of 01.01.2019, a new application of incentive has started with “Communique on Procedures and Principles Regarding the Benefit from Employer’s Share Incentive of Unemployment Insurance Premium in Work Places Which Are Classified as Very Dangerous and Have More Than 10 Employees” (the “Communique”) which was published on 31.12.2018, in the 4th Recurrent Official Gazette. According to the Law on Occupational Health and Security numbered 6331, workplaces which are considered as very dangerous and have a minimum of 10 employees will receive a premium incentive for a period of 3 years, if there has been no occupational accident resulting in death or incapacity for the last three years.

Briefly, conditions to benefit from the incentive for the employers are juxtaposed in the Communique as below:

Written by Osman Tiriş, Seda Arıcı, Posted in Social Security Law and Regulations

02January2019

THE DEFAULT INTEREST RATE IS DETERMINED FOR 2019

As is known, the default interest rate announced every January by the T.R. Central Bank has been applied in case there is no default interest rate is determined in a contract or related clause is invalid regarding the good or service supply, according to the clause 7 of the Art. 1530 of the Turkish Commercial Code.

Written by Seda Arıcı, Posted in Taxation Law, Turkish Commercial Code

<<  1 2 3 4 5 6 7  >>  
This website is using cookies.
In this website, we use cookies to develop your user experience, obtain efficient work and track statistical data. You are agreeing to our use of cookies by browsing our website. Please review Çerezler (Cookies) page for detailed information of how we manage the cookies. This choice is valid for 30 days until you delete the cookies in your web browser.
x