Business in Turkey

ARBITRATION BECOMES COMPULSORY IN LABOR DISPUTES

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Employees and employers shall resort to arbitrator in the first place instead of litigation process for their labor disputes and conflicts, as per the “Law on Labor Courts No. 7036” issued in Official Gazette numbered 30221, dated 25 October 2017. The also called “mandatory mediation” aims at lessening  the heavy …

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PAYMENT DATE OF UNEMPLOYMENT SALARY CHANGES

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Unemployment salary that is paid at the end of each month will be paid at the 5th day of the month in case the “Bag Law” gets into force in the following weeks.  Intending to prevent inappropriate payments Article 50 of Law on Unemployment Insurance No. 4447 will be changed …

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Paid and Unpaid Leaves in Turkey

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Leaves with pay and unpaid leaves are always mixed up. We will try to enlighten you on the matter briefly. LEAVE WITH PAY /PAID LEAVES Leave of absences arranged in provisional article 2 of Labor Law 4857 are as follows; Marriage Leave: 3 days in the event of employee’s marriage, …

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Taxable Income Brackets Will Not Change in 2018

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Based on Finance Minister’s last week announcement we had informed you that the tax rate applied to 3rd income bracket will be increased to %30 from %27 in 2018. However, during the discussion in the General Assembly this arrangement has been removed from the draft law (Draft law on Amending …

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Payment of Postponed Premiums Begins This Month

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As is known, December 2016, January, February 2017 premium payments of private sector employees who benefit from Treasury’s minimum wage support had been postponed to 2017 October, November and December, as per Omnibus Bill No.6770 issued in Official Journal on 27 Jan 2017. These amounts are used as a credit …

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