With the Communique published on the Official Gazette dated 25.11.2022 and numbered 32024, some amendments have been made on the previously published Communique with regards to the information systems of payment and electronic money institutions and data sharing services in the field of payment service providers.

With the new amendments;

• Payment Institutions and Electronic Money Institutions would need to be compliant with the statements on this Communique until 28.02.2023. (The duration stated as "within one year" upon the publish date has changed)
• Payment service providers that hold payment accounts inside and are among the top ten participants according to their total number in terms of account transactions carried out in Bank Payment Systems in 2020, should fulfill their obligations per the Article 24 of this Communiqué until 28.02.2023. (The duration stated as "within one year" upon the publish date has changed)
• Data sharing services whose technical requirements are determined within the scope of the sixth paragraph of Article 23 of this Communiqué, may continue to be provided by using non-standard services until 28.02.2023. (The duration stated as "within one year" upon the publish date has changed)

With the Presidential Decree No. 6417, published in the Official Gazette No. 32023 on November 24, 2022, the special consumption tax bases for private cars whose engine cylinder volume does not exceed 1600 (cm³) have been redefined.

With the regulation, the special consumption tax rates of the vehicles whose engine cylinder volume exceeds 1600 (cm³) but does not exceed 2000 (cm³) and which also have an electric motor, whose electric motor power exceeds 50 kW and engine cylinder volume does not exceed 1800 (cm³) are included, and their SCT bases were also redefined.

The regulation will not create any change in the price of cars with a sales price over 594,720.02 TRY, including taxes, for cars under 1600 cc.

"The New Omnibus Law on the Amendment of the Income Tax Law and Other Laws" (In Turkish) published on Official Gazzette dated 9th November 2022 and numbered 32008 has brought about the regulations to the Income Tax Law and Corporate Tax Law and Other Laws.

With the new Omnibus Law published, below regulations have been made:

Turkey Revenue Administration has announced a new Communique (no: 321) and added a new statement about the cumulative income tax base transfers to the previously published Communique with the no: 311.

With that new additional rule;

If the employee has generated wage income from more than one employer at the same time, the cumulative income tax bases could be transferred. This rule would be applicable if the employer accepts the employee’s request.

Based on the above addition, the regulations about cumulative income tax base taxation would be as below: