13 Nov 2016
Turkey has introduced a discount on withholding tax for certain employees working at entities which provide services outside Turkey. From 1 January 2017, qualifying entities will be able to offset the discounted tax rate against income taxes for employees […]
10 Nov 2016
Turkey’s Energy Market Regulatory Board no longer requires applicants to submit Environmental Permission and License Certificate (from the Ministry of Environment and Urban Planning) when applying for a license to produce base oil from waste oil. The document will […]
5 Nov 2016
Turkey has significantly loosened stamp tax obligations and notary fees for a range of documents. Under the change, copies of papers subject to proportional stamp tax are no longer subject to stamp tax. From 9 August 2016, proportional stamp […]
3 Nov 2016
Turkey has updated regulations aiming to combat agricultural nitrate pollution in rivers and soil. The revised rules include procedures and principles for determining, reducing and eliminating nitrate pollution. Turkish water areas will be surveyed over the next two years […]
1 Nov 2016
Turkey has updated technical details of the regulatory regime for measuring instruments, including their use and market-entry. The updated rules apply to meters for electricity, gas, heat flow, water and taxis, as well as weighing instruments, among others. These […]
31 Oct 2016
Turkey’s Ministry of Energy and Natural Resources has introduced details for operation, investments and licence procedures regarding large-scale renewable energy resource areas (“Investment Areas”). Investment Areas can be located on public or private property and are intended to promote […]
31 Oct 2016
Turkey has tightened the legal regime for open chequing accounts, along with criminal sanctions for issuing dud cheques. Dud cheques were regularly issued in bad faith under the prior legislative regime. However, legislative amendments go a significant way towards […]
27 Oct 2016
Turkey’s Tobacco and Alcohol Market Regulatory Authority (“Authority”) has updated the items which are prohibited from being used when manufacturing tobacco products. Manufacturers which are currently using the newly prohibited items must apply to the Authority, stating that non-compliant […]
25 Oct 2016
Turkey’s Ministry of Economy has temporarily expanded government incentives to also include solar panel imports made within solar energy power investments. Incentives are temporarily available to solar panel imports supplied or loaded for shipping before 25 June 2016 in […]
24 Oct 2016
Turkey has published secondary legislation, outlining further details for a recent law which significantly loosened stamp tax obligations and notary fees for a range of documents (more). Notable new exemptions include stamp tax no longer being applied to documents […]
