29July2019

APPLICATION OF WITHHOLDING AND PREMIUM SERVICE DECLARATION IN TURKEY HAS BEEN POSTPONED TO 01.01.2020

APPLICATION OF WITHHOLDING AND PREMIUM SERVICE DECLARATION IN TURKEY HAS BEEN POSTPONED TO 01.01.2020

With the law published in 29796 numbered Official Gazette on 09/08/2016, it has been decided to merge Withholding Declaration with Premium and Service Declaration, under the name “Withholding and Premium Service Declaration”.

As per the communiques published in the Official Gazette on separate dates, application of Withholding and Premium Service Declaration was started to be executed on 01/6/2017 in Kırşehir, and was extended on 01/1/2018 to Amasya, Bartın and Çankırı. With the communique amendment published in the 30844 numbered Official Gazette on 27/07/2019; declaration’s application in the entire Turkey has been postponed to 01.01.2020.

Within the scope of the Law;

  • Execution of administrative fine against incorrect declaration of the occupational code,
  • Provisions such as responsibilities of Members of Profession (Certified Public Accountants) excluding pilot cities, will be effective as of 01/01/2020.
  • In case there will not be any further postponing decisions taken by the Ministry of Treasury and Finance, the application will be effective as of 01/01/2020 with the declaration period of January / 2020.
  • You can access the relevant circular in Turkish from here.

    Written by Selma Kıy, Posted in Social Security Law and Regulations, Taxation Law

    • Notification !

      Contents provided on this article serve to informative purpose only. The article is confidential and property of CottGroup® and all of its affiliated legal entities. Quoting any of the contents of this notification without credit being given to the source is strictly prohibited. Regardless of having all the precautions and importance is put in the preparation of this article, CottGroup® and member companies cannot be held liable of the application or interpretation of the information provided. It is strictly advised to consult a professional for the application of the above-mentioned subject. Prior to taking any action in regards the above, please consult your client representative if you are a customer of CottGroup® or consult to a relevant party.

    About the Author

    Selma Kıy

    CPA, Managing Partner
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