Each year, the rent income earned by real persons are declared to the relevant tax office with the Annual Income Declaration by March 25. The income types which are acknowledged within the scope of the GMSI (real property income), other than the rent incomes, are elaborated on the Income Tax Law, Article 70.

The responsible party who is to apply the lump sum method, once the exemptions to be implemented on the tax can deduct the 15% rest of the amount to be declared under real expense. In the below table, you can refer to the details on rent income, applicable to residential and commercial properties. For further detailed information please contact your customer representative or an expert.

The Institution of Personal Data Protection has shared an announcement on the Application to the Data Controller and the Period Calculation of the Claims made to the Institution, on 13.02.2019. The issue of interpretation of the claim durations within the Law has become clear with the said announcement for the Data Subjects who exhaust application avenues to the Data Controller. You may reach the full text of the announcement here.

The subjects to be covered with the announcement are as follows:

An announcement (the “Announcement”) regarding the personal data breach notification procedures, has published with the 2019/10 numbered decision of Personal Data Protection Institution on 24.01.2019. The “Personal Data Breach Notification Form” is also shared within this Announcement, you may reach the sample form here.

The Announcement mentions about the obligations of the Data Controller stated in the Art. 12 of the Personal Data Protection Law ("KVKK") and Data Controllers should inform the institution as soon as possible in case of any data breach. The institution has expressed that this notification process aims to prevent negative conclusions or to minimize risks that arise from these breaches on data subjects and others.

Under this scope, the Institution has taken below mentioned decisions to create a ground parallel with European General Data Protection Regulation (GDPR) which constitutes basis for the KVKK:

The Ministry of Treasury and Finance has published 2019/2 numbered and 16.01.2019 dated “Sector Announcement on the Enrolment of the Employees to Mandatory Pension System by the Employers”. According to this announcement;

The Employers who have not registered their employees to the system by 27.12.2018, shall enrol their employees until 27.02.2019. Thus, the employers who have performed this obligation by the deadline, shall not be subjected to any penalties. There will also be no deduction implied to the salary of the employees under this scope.