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Legislation - CottGroup Holistic Business Services

09January2024

Administrative Fine Amounts in KVKK for 2024

Pursuant to duplicated Article 298 of Tax Procedure Law, the revaluation rate has been published in the Official Gazette numbered 32380 (In Turkish) and dated November 25, 2023. Revaluation rate announced in the rate of 58.46% (fifty eight comma fourty six) for 2024.

Author Semih Er, Category Personal Data Protection Law

08January2024

2024 I. Period – Income Tax Exempted Child Support

According to the Circular dated January 5, 2024 and numbered 27998389 - 010.06.02 - 2774790 published by the Ministry of Treasury and Finance with the subject 'Financial and Social Rights', the coefficients used to calculate the wage of a public officers have been revised effective January 1, 2024.

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

08January2024

2024 I. Period - Severance Ceiling Amount Amended

According to the Circular dated January 5, 2024 and numbered 27998389 - 010.06.02 - 2774790 published by the Ministry of Treasury and Finance with the subject ‘Financial and Social Rights’, the coefficients used to calculate the wage of a public officers have been revised effective January 1, 2024.

Income Tax Exempted Severance Pay

Author Erdoğdu Onur Erol, Category Taxation Law, Labor Law

05January2024

Amounts and Limits of Taxes and Fees Laws for 2024 Updated

The amounts and thresholds for 2024 in the Tax and Duties Laws were updated and published in the Official Gazette numbered 32415, dated December 30, 2023.

The updates made along with the year 2024 are as follows;

Author Selma Kıy, Category Taxation Law

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