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Personal Income Tax Law (No: 193) which is about income tax, Social Security and General Health Insurance Law (No: 5510) which is about social security contributions and Unemployment Insurance Law (No: 4447) which is about unemployment insurance fund are the main laws about tax/benefit system. The main changes have been made to the following laws...

In order to increase employment and reduce regional imbalances in Turkey; various incentives policies have been implemented by state, by laws 4447, 4857, 5084, 5225, 5510, 5746, 6111, 6486 by Council of Minister’s Decree of 2012/3305 (Unemployment Law No: 4447, Labour Law No: 4857, Investment and Employment Promotion Law No: 5084, Investment Incentives and The...

Who Is Considered as Invalid Persons? According to the Social Insurance and General Health Insurance Law No. 5510; Working power of the insurance holders who are subject to a service contract (subparagraph (a) of the first paragraph of Article 4 of the Law No. 5510) and working independently on their own behalf and account at...

In the Turkish social security system, employees and social insured are being protected from the risks of the work accidents and occupational illnesses with the short-term social insurance branches. With the short-term insurance branches, it is aimed to provide protection to the insured or his relatives against the risks that may occur as soon as...

Turkish taxation system is similar to EU systems. Tax Procedural Code, old Corporate Taxation Code and Individual Income Tax Code come from Germany and VAT comes from Belgium. Special Consumption Tax was also prepared according to European Union systems. Turkish Income Tax Code for Individual Turkish income taxation system consists of two main taxes which...

Turkey has a government-mandated minimum wage. No worker in Turkey should be paid less then this minimum pay rate. Employers in Turkey who do not pay the Minimum Wage may be subject to punishment by the government of Turkey. Turkey has raised the minimum wage by 50.4% as of Jan. 1, 2022. The net minimum...