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Here you can access most recent articles on legislative updates regarding Personal Data Protection Law, Social Security Law, Taxation Law, Occupational Health and Safety Law, Code of Obligations, Labor Law, Turkish Commercial Code, Law on Protection of the Value of Turkish Currency, Foreign Exchange Legislation, and Immigration Law in Türkiye.
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You can access the dates of the most recent international bilateral social security and double taxation treaties made between Türkiye and other countries and relevant documents here.
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The “General Communique of the Law no. 7143 on Re-adjustment of Taxes and Some Other Debts” (the “Communique”) has published by the Ministry of Treasury and Finance (the Directorate of Revenue Administration) on 05.01.2019 dated Official Gazette. Herein this Communique has determined the procedure and principles of time extension for two months that is given for the re-adjustment.
According to this, the debtors who could not make their payments until 28 December 2018 and lost the right to apply for re-adjustment, shall benefit from the re-adjustment by making related payments with late payment interest until 28 February 2019.
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Category Taxation Law
As is known, the default interest rate announced every January by the T.R. Central Bank has been applied in case there is no default interest rate is determined in a contract or related clause is invalid regarding the good or service supply, according to the clause 7 of the Art. 1530 of the Turkish Commercial Code.
Category Taxation Law, Turkish Commercial Code
Category Social Security Law and Legislation, Taxation Law
7155 numbered the “Law on Initiating an Execution Process Regarding the Pecuniary Claims Arising from Subscription Agreements” (the “Law”) has published in the Official Gazette on December 19th, 2018. The Law hereby, aims to determine the procedure and principles of carrying out the execution proceedings (without judgement) through levy for the pecuniary claims arising from subscription agreements by initiating the process on Central Follow-up System on UYAP until the distraint phase.