27 Mar 2019
Turkey has established the Real Estate Appraisal Department being responsible for the adoption and administration of the real estate appraisal system. Real Estate Appraisal Department will be a central service unit affiliated to Turkey’s General Directorate of Land Registry […]
7 Mar 2019
The Turkish Constitutional Court recently ruled that levying consumption tax on the consumption of electricity that the Applicant itself has generated by using coke gas, violated the property right. The Applicant meets his own facilities’ electricity needs with electricity […]
7 Mar 2019
Turkey has introduced corporate income tax and VAT exemptions for certain legal entities, with regards to 2019 UEFA Super Cup Final and 2020 UEFA Champions League Final matches to be organized in Turkey. Within this context; delivery of goods […]
15 Nov 2018
Turkey has revised accounting principles for mergers of establishments which are subject to joint control, eliminating uncertainty about this issue and ensuring consistency in practice. The revised accounting principles apply to mergers which are performed during accounting periods beginning […]
30 Oct 2018
Turkey has reduced the financial and investment thresholds required for foreigners to acquire Turkish citizenship. The new thresholds apply from 19 September 2018. The changes apply to the necessary values of fixed capital investments, immovable property purchases, workforce employment, […]
12 Apr 2016
The following article gives a summary of decrees by the Council of Ministers and communiqués by the Ministry of Economy regarding prevention of unfair competition in imports, made between 1 March 2016 and 31 March 2016. Investigation Launched Into […]
1 Jan 2016
According to the Turkish Constitution, taxes, fees, duties, and other financial impositions must be imposed, amended, or revoked by law. An exception is that the Council of Ministers can be empowered to amend the percentage rates of exemption, exceptions […]
18 Sep 2015
In June 2015, the OECD shared an updated Policy Framework for Investment (“PFI”) with the international community. The OECD aims to continue contributing to the international investment landscape by guiding investors and governments, while supporting dialogue between these parties […]
15 Sep 2015
The following article gives a summary of decrees by the Council of Ministers and communiqués by the Ministry of Economy regarding prevention of unfair competition in imports, made between 26 August 2015 and 11 September 2015. Provisional Measure Imposed […]
4 Sep 2015
First published by Mondaq. 123 deputies of the Turkish Grand National Assembly asked the Constitutional Court to annul and suspend execution of certain expressions from Article 6(1)(b) of the Law on the Istanbul Arbitration Center numbered 6570 (“Law”). After […]
