I. Introduction Differences in precedent have arisen among the various Civil Chambers of the Turkish Court of Cassation regarding the matter of serving the statement of claim in annulment of objection cases initiated by the creditor against…
Regulation Amending the Charging Services Regulation has been published and came into effect in the Official Gazette dated 23.10.2024 numbered 32701. As a result of this amendment, the deadline stated in the provisional Article 2 of the Cha…
I. Introduction General Communiqué on Income Tax (No. 328) (“Communiqué”) prepared by the Ministry of Treasury and Finance of the Republic of Türkiye (“Ministry”) has been published in the Official Gazette dated 17.10.2024 numbered 32695 an…
I. Introduction Communiqué on the Application of the Tax Procedure Law (Serial No: 564) (“Communiqué”) was published in the Official Gazette No. 32651 dated 03.09.2024. The Communiqué includes provisions related to the disclosure of taxpaye…
I. Introduction The Decree on State Aids in Investments ("Incentive Decree"), which was enacted by the cabinet on June 15, 2012, under Decision No. 2012/3305, has been amended by Presidential Decision No. 8860 (“Decision”), published in the…
I. Introduction The Regulation on the Sale of Refurbished Products (“Regulation”), which was published in the Official Gazette No. 31221 on August 22, 2020 and entered into force on the same date, has been amended pursuant to the Regulation…
The Turkish Competition Authority's Annual Activities Report for 2023 Published The Turkish Competition Authority ("Authority") published its annual report covering the activities of 2023 on its official website on August 13, 2024. The repo…
The Law No. 7524 on the Amendment of Certain Tax Laws, Certain Laws, and Decree Law No. 375 ("Law"), which brings comprehensive changes to the tax legislation, was published in the Official Gazette dated August 2, 2024. The Law contains man…
1. Overview of the Subject Decision:• Court: Cassation Court 10th Civil Chamber• Case No: E.2020/10865, K.2021/2234• Date: 25.2.2021• Lower Court: Labor Court 2. Facts The heart of this case is grounded in the theft at a pharmacy. One defen…
1- Introduction Under Article 18 of the Turkish Commercial Code No. 6102 ("TCC"), a merchant is required to choose a trade name that complies with the law and, pursuant to Article 39, must conduct transactions relating to their commercial e…
Development In order to address the wounds caused by the earthquake disaster that occurred on February 6, 2023, in Kahramanmaraş and affected many surrounding provinces, the Turkish Grand National Assembly enacted Law No. 7440 dated March 9,…
Development The Istanbul Chamber of Commerce Arbitration Center ("ITOTAM"), a prestigious arbitration center established in 1979 and frequently preferred in Turkey, has announced the revision of its arbitrator fee schedule and administrativ…