May 2021 / Sistem Global Newsletter Summary
25 June 2021
July 2021 / Sistem Global Newsletter Summary
18 August 2021
| RISK AND LEGISLATION MANAGEMENT 📚 |
| SUMMARIES OF THE DECISIONS PUBLISHED BY THE PERSONAL DATA PROTECTION AUTHORITY ON 21.06.2021 We have Compiled Summaries of Decisions Published on kvkk.gov.tr Website on 21 June 2021 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| AMENDMENT IN ENFORCEMENT AND BANKRUPTCY LAW With the Law No. 7327 on the Amendment of Enforcement and Bankruptcy Law and Some Other Laws published in the Official Gazette dated 19.06.2021, some amendments were introduced in the composition and bankruptcy administration regulations. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| TAX CONSULTACY 📝 |
| REMOTE WORKING PERIODS FOR TECHNOLOGY PARKS AND R&D/DESIGN CENTERS TO BE DECLARED FOR COVID-19 CHANGE! Upon the notification of the Ministry of Industry and Technology’s General Directorate of R&D Incentives, it was decided to extend the remote working period, provided that the number of personnel subject to notification who have been employed in line with the law in the relevant organizations, or the total working time corresponding to the personnel subject to notification does not exceed 60% for June 2021 period. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| THE TERM FOR DISCOUNTED VAT RATIO EXTENDED FOR SOME DELIVERIES AND SERVICES The term for applying discounted ratio for some deliveries and services, which was initially set as the period until 31.12.2020 by the Presidential Decree No. 2812 on reducing some tax ratios and which was extended until 31.5.2021 by the Presidential Decree No. 3318, has now been extended until 31.7.2021 by the Presidential Decree No. 4062, published in the Official Gazette No. 31499, dated 2.6.2021. The Presidential Decree No. 4062 for extension of the term was enacted as of 1 June 2021 and published in the Official Gazette, dated 2 June 2021. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| REGULATION ON AMENDING THE REGULATION ON RECOVERY CONTRIBUTION The Regulation on Amending the Regulation on Recovery Contribution was published in the Official Gazette No. 31499 dated 02.06.2021. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| NEW ARRANGEMENTS MADE IN THE GENERAL IMPLEMENTATION COMMUNIQUE ON VAT The Communiqué with the serial No. 36, on Amending General Implementation Communiqué on VAT was published in the Official Gazette No. 31500 dated 03.06.2021. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. NEW ACT OF INDEMNITY ENACTED A new act of indemnity covering taxation, SSI, customs and public receivables, has been enacted with the Law No. 7326 on Restructuring Some Receivables and Amending Some Laws, which was published in the Official Gazette. We will cover all contents of this law in a series of newsletters in order to inform you. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. ACT OF INDEMNITY 2021, HARMONIZATION OF ENTERPRISE RECORDS WITH ACTUAL CONDITIONS A new act of indemnity covering taxation, SSI, customs and public receivables, has been enacted with the Law No. 7326 on Restructuring Some Receivables and Amending Some Laws, which was published in the Official Gazette dated 05.06.2021. We had mentioned in our first newsletter that we would cover all contents of this law in a series of newsletters in order to inform you. Accordingly, we have provided relevant information on the harmonization of enterprise records with actual conditions in our newsletter. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. ACT OF INDEMNITY 2021, REASSESSMENT OF IMMOVABLE PROPERTIES AND OTHER DEPRECIABLE ECONOMIC ASSETS IN THE BALANCE SHEETS OF ENTERPRISES A new act of indemnity covering taxation, SSI, customs and public receivables, has been enacted with the Law No. 7326 on Restructuring Some Receivables and Amending Some Laws, which was published in the Official Gazette dated 09.06.2021. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. ACT OF INDEMNITY 2021, RESTRUCTURING FOR RECEIVABLES THAT ARE IN DISPUTE OR WHOSE INSPECTION AND ASSESSMENT PROCEDURES ARE STILL IN PROGRESS A new act of indemnity covering taxation, SSI, customs and public receivables, has been enacted with the Law on Restructuring Some Receivables and Amending Some Laws, which was published in the Official Gazette. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. ACT OF INDEMNITY 2021, RESTRUCTURING FOR RECEIVABLES, INCLUDING SSI RECEIVABLES AND FINALIZED RECEIVABLES OF SOME TRADE ASSOCIATIONS IN THE FORM OF PUBLIC ORGANIZATIONS AND AMNESTY ARRANGEMENTS FOR REGISTRATIONS FOR UNPAID LOANS AND BAD CHECKS, AND OTHER ARRANGEMENTS A new act of indemnity covering taxation, SSI, customs and public receivables, has been enacted with the Law on Restructuring Some Receivables and Amending Some Laws, which was published in the Official Gazette. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. THE TERM FOR VAT DEDUCTION SUPPORT IN TOURISM EXTENDED BY 1 MORE MONTH! The date of 30.06.2021, stated in Article 9 of the Decree on Determination of the Value Added Tax Ratio to be Applied to Goods and Services has been amended as 31.07.2021. The Presidential Decree for such amendment has been published in the Official Gazette and put into force. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. MINIMUM FIXED AMOUNT SPECIFIED FOR THE GOODS IN LIST NO. III OF EXCISE TAX REMAINS UNCHANGED! It is prescribed in paragraph 3 of Article 12 of the Law No. 4760 on Excise Tax that minimum fixed taxation amounts specified for the goods included to the list no. III, which is an appendix of the Law, or the final minimum fixed taxes and fixed taxation amounts determined by the Presidency for these goods shall be deemed to have been reestablished in based on the rate of change within the last six months in the manufacturers’ price index as announced by Turkish Statistics Institute in every January and July and such amounts shall be valid as of the date of announcement of their change. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. FORCE MAJEURE ENDS FOR THOSE WHO HAVE CHRONIC DISEASES OR WHO ARE 65 YEARS OR OLDER The force majeure condition of taxpayers with a chronic disease, who were given this status due to the coronavirus pandemic has ended. The General Communiqué on Tax Procedure Law with the Serial No. 528 regarding this matter has been published in the Official Gazette and put into force. The force majeure condition of taxpayers and professionals, who had been subject to lockdown as they have a chronic disease as of 22 March 2020 and the force majeure condition that was effective as of 22 March 2020 for those whose tax returns/declarations are submitted by such professionals in accordance with “Intermediary and Responsibility Agreement” effective as of 24 March 2020, have been terminated as of 26 June 2021 with the General Communiqué on Tax Procedure Law with the Serial No. 528. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| R&D AND INNOVATION MANAGEMENT 🔍 |
| PRELIMINARY APPLICATION PERIOD FOR THE CALL FOR MOBILITY AS A PART OF HAMLE PROGRAM IS EXTENDED The preliminary application period for the call for Mobility, the first of the 4 calls announced to be opened in 2021 as a part of “Technology Oriented Industry Move Program”, which was initiated by the Ministry of Industry and Technology of the Republic of Turkey starting from 2019 in order to enable our country to make its “National Industrial Move” and to reduce its foreign trade deficit with value added products and for which, we, as Sistem Global, were accredited as the Independent Assessor, has been extended until 22 June 2021. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| 2nd CALL FOR HAMLE PROGRAM OPENED – “STRUCTURAL TRANSFORMATION IN PRODUCTION” The applications for “Structural Transformation in Production”, the second call in 2021 for HAMLE program carried out by the Ministry of Industry and Technology of the Republic of Turkey, was opened as of 23 June 2021. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| 2021-2022 CALLS FOR HORIZON EUROPE PROGRAM OFFICIALLY ANNOUNCED 2021-2022 Calls & Work Programs for Horizon Europe Program to be carried out by the European Commission have been officially announced. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| NEWS ABOUT US 📣 |
| JULY SCHEDULE FOR ONLINE TRAINING COURSES… We are back in July with our Extensive Online Training Courses on Various Interesting Topics! 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| REACH YOUR TARGETS WITH OUR PROCESS ANALYSIS AND RPA SOLUTIONS The world is changing and it is essential that all local, national and global companies take part in this transformation. The success of development and transformation projects depends on proper Process Management. If you want to increase your productivity, minimize errors in your operations, identify your risks and be ready for future and improve your operations in the production and service areas, Our “Process Analysis Service” is just for you! 👉Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
