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Is It Possible to Terminate Labor Contract of An Employee Who...

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1- IS IT POSSIBLE TO TERMINATE LABOR CONTRACT OF AN EMPLOYEE WHO HAS A LONG TERM MEDICAL REPORT? An employer may terminate an employee’s labor...

Who Prepares the Safety Practice Training and Exams?

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1 – WHO PREPARES THE EXAMS AT THE END OF SAFETY PRACTICE TRAININGS? Turkish Ministry of Labor and Social Security prepares the exams after safety...

Expenses that will be deducted from Company’s Earnings!

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1- DEDUCTIBLE EXPENSES ACCORDING TO INCOME TAX LAW Income is taxed through net profit. In order to determine the net profit, the expenses stated below should be...

Are Losses from Overseas Branch Subject to Discount?

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In article 3 of the Corporate Tax Law numbered 5520, it is clearly stated that “If institutions whose registered office or headquarter is abroad...

Turkey’s Current Account Deficit Reduces!

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Current account deficit of Turkey reduces $3.1 billion in March, which means a $666 million fall. With regard to a report prepared by Turkish Central...

Car Sales in Turkey Hits 10-Year High!

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Car production and car sales hit 10-year high in Turkey. Car production increased to 42% (over 400,00 vehicles) in the first four months in of 2017,...

Poultry Production, March 2017

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Hen egg production was 1.6 billion units Hen egg production increased by 7.4% in March compared with the previous month, and increased by 11.4% compared...

Red Meat Production Statistics, I. Quarter: January-March, 2017

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Total red meat production was estimated as 232 404 tons in the 1st quarter Red meat production decreased by 14.1% according to the previous period,...

Milk and Milk Products of Turkey, March 2017

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Milk collected by integrated dairies was 794 thousand 111 tons The amount of collected cow's milk in March decreased by 4.8% when compared to the...

Spring 2017 Economic Forecast: Steady Growth Ahead

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The European economy has entered its fifth year of recovery, which is now reaching all EU Member States. This is expected to continue at...