30October2018

Withholding and Premium Return Declaration Is Postponed to July 2019

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”. Within the scope of this announced statement, the single return application was postponed to October 1, 2018 for Türkiye.

On the date of 27.10.2018, the Ministry of Treasury and Finance has announced a revision (item number: 5) on the 30578 numbered Official Gazette in regard to the “General Statement on the Withholding Tax Return and Monthly Premium & Service Declarations” (item number: 1).

With this announced statement, the entry into effect date of the imposition is postponed once again to July 1, 2019. Therefore, workplaces which are located outside the test zones will continue to declare their Withholding Tax Return and Monthly Premium & Service Declarations separately.

With the published postponement, new system will be in effect in August 2019 by declaring combined Withholding Tax Return and Monthly Premium & Service Declarations which belong to July 2019.

You can access further details regards the previous effective date and the test zones from our previously shared announcement.

Author Selma Kıy, Category Social Security Law and Legislation, Taxation Law

Notification!

Contents provided in this article serve to informative purpose only. The article is confidential and property of CottGroup^® and all of its affiliated legal entities. Quoting any of the contents without credit being given to the source is strictly prohibited. Regardless of having all the precautions and importance put in the preparation of this article, CottGroup^® and its member companies cannot be held liable of the application or interpretation of the information provided. It is strictly advised to consult a professional for the application of the above-mentioned subject.

For each concrete situation, it is strongly advised to seek guidance from a professional advisor. If you are a customer of ours, please consult with your customer representative before taking any action related to the announcement. If you are not a customer, seek advice from an expert.