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Legislation - CottGroup Holistic Business Services

10August2020

Withholding Tax & Premium Service Declaration Announcement

The merged Monthly Premium and Service Declaration will be applicable for the July 2020 income period and to be submitted until 26 August 2020.

Guidelines for data entry of Withholding and Premium Service Declaration can be accessed from the link below:

Author Erdoğdu Onur Erol, Category Social Security Law and Legislation, Taxation Law

06August2020

The Withholding Rates To Be Made In Real Estate Rentals Have Been Reduced From 20% To 10%

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

Author Selma Kıy, Category Taxation Law

05August2020

Amendments In VAT Rates In Some Service Sectors

With the Decision of the President No. 2812 published in the Official Gazette dated 31.07.2020 and numbered 31202, VAT rates were amended in some service sectors.

As per the Provisional Article 6 added to the Decision No. 2007/13033 with the Decision of the President No. 2812, until 31.12.2020;

Author Selma Kıy, Category Taxation Law

01August2020

Short-Term Employment, Cash Wage Support, Termination Ban Extension

Due to Covid-19, short-time working allowance, cash wage support and termination ban have been extended by 1 month.

Author Erdoğdu Onur Erol, Category Social Security Law and Legislation

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