WITHHOLDING AND PREMIUM RETURN DECLARATION HAS BEEN POSTPONED TO BE IN EFFECT AS OF OCTOBER 2018
In accordance with the publication of the Law that was published in the 09.08.2016 dated Official Gazette numbered 29796 it has been announced that the Withholding Tax Return and Monthly Premium & Service Declarations are to be combined under a single return called “Withholding Tax and Premium Service Return”.
On the date of 29.05.2018, the Ministry of Finance has announced a revision on the 30345 numbered Official Gazette in regard to the “General Statement on the Withholding Tax Return and Monthly Premium & Service Declarations” (item number: 4)
Within the scope of this announced statement, the single return application is postponed, once again and will be in effect as of October 1, 2018 for Turkey. The businesses in the previously selected test zone areas will continue to declare the Withholding Tax and the Monthly Premium Returns under one declaration whereas the business outside the test zones will continue to declare the relevant statements separately until October 2018.
You can access further details regards the previous effective date and the test zones from our previously shared announcement