Turkey:
Five Points Of Social Security Premium Discount For The Corporations Under Temporary Article 20 Of Law No: 506
14 February 2020
CottGroup
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Per the circular no: 2020/01 dated as 27.01.2020;
The five points discount on Social Security premiums would not
be applicable for the corporations within the scope of Social
Security Law no: 506, temporary Article 20 (e.g. banks, insurance
and reassurance companies, etc).
These corporations can benefit from the incentives which are
within the scope of Law no: 4447, Article 10 and Law no: 4857,
Article 30.
The points on that regulation will be applicable as of
01.02.2019
Please find that published announcement dated 27.01.2020 on the
link below for detailed info (Published in Turkish)
Click to view the circular.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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