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 Law on Amendments to the Turkish Commercial Code and Certain Laws (“Law No. 7511”) entered into force after being published in the Official Gazette dated 29.05.2024 and numbered 32560 and with the amendments made to the Turkish Commerci…
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,…
Under Article 18/A, paragraph 11 of the Mediation in Legal Disputes Act No. 6235 (“Act"), it was stipulated that a party who does not attend the mediation session will be held liable for all litigation costs and will not be awarded attorney…
Communiqué Amending the Communiqué (Communiqué No: 2024-32/69) Regarding the Decree No. 32 on the Protection of the Value of Turkish Currency, originally issued by the Ministry of Treasury and Finance (“The Communiqué”), has been published…
The Communiqué on Redetermination of Minimum Equity Amounts for Payment and Electronic Money Institutions (“Communiqué”)” was published in the Official Gazette numbered 32442 dated 27.01.2024. Along with the Communiqué, the minimum equity a…
The decision of the Public Oversight, Accounting and Auditing Standards Authority ("Authority") numbered 75935942-050.01.04-[01/21509], titled "Inclusion of Payment and Electronic Money Institutions in scope of Organizations Concerning Publ…
Regulation Amending the Regulation on the Implementation of the Turkish Citizenship Law ("Regulation”) was published in the Official Gazette numbered 32397 and dated December 12, 2023 and entered into force as of the same date. Pursuant to…
I. Introduction In practice, determining the legal liability of tenants, previous and current condominium owners (hereinafter “owners”) for various charges included in condominium dues by managements of gated communities and apartment build…
The periods stipulated below have been extended until 30.09.2023 upon the entry into force of the Regulation Amending the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers (“Regulation”) published in…
