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Turkey Expands Council of Ministers’ Power to Apply Withholding Tax
Turkey has amended withholding tax responsibilities for parties and intermediaries in taxable commercial transactions under the Tax Procedural Code. With the change, the... [Read More]
Turkey Expands Powers of Chief Judges in Regional Courts of Justice to Assign Judges from Other Areas
Turkey has broadened the powers of Chief Judges in Regional Courts of Justice in the wake of the 90 day of State of... [Read More]
Turkey Adjusts Relationship Between Technology Development Zones and Organized Industrial Zones
Turkey has amended requirements for Technology Development Zones, specifically focusing on the relationship between Technology Development Zones and Organized Industrial Zones. Provisions address... [Read More]
Turkey Agrees to Commit $4 Million Annually Towards Supporting Food, Agricultural and Forestry Issues in Central Asian Countries
Turkey has ratified a supplementary agreement to strengthen the Food and Agriculture Organization Subregional Office for Central Asia (“Subregional Office”) on 6 June... [Read More]
Turkey Revises Regulations for Electric Market System Connection and Usage
Turkey has amended regulations related to electricity system connection and usage. Changes apply to setting and reducing power levels stated in system connection... [Read More]
Importing Pharmaceuticals to the Turkish Market
Given the potential risks posed to public health, the pharmaceutical sector is one of the most strictly regulated sectors in many countries, including... [Read More]
Turkey Updates Incentive Scheme For Projects Supporting National Development
Turkey has updated its project-based investment incentives scheme, providing financial support for innovative, technology-oriented, R&D focused, high value-added projects, which assist in reducing... [Read More]
Turkish Trade Remedies – September 2016
An overview of notable decrees by the Council of Ministers and communiqués by the Ministry of Economy regarding prevention of unfair competition in... [Read More]
Turkey’s Saving Deposit Insurance Fund to Act as Guardian for Companies Linked to Terror Organizations
Turkey has transferred the powers of court-appointed company guardians to the Saving Deposit Insurance Fund (“Fund”), as well as revised the Fund’s abilities... [Read More]
Turkey Extends Support and Audit Requirement for R&D to Also Include Industrial Design Activities
Turkey has expanded regulations for practice and audit of R&D activities to now also include industrial design activities. These rules apply to technology... [Read More]
Turkey Amends Livestock Incentives for 2016, Removes Carnivorous Species
Turkey has amended regulatory livestock incentives for 2016, increasing the amount available for calves and removing incentives previously available for carnivorous species. Ongoing... [Read More]
Turkey Publishes Detailed Rules for Retail Trade Operations
Turkey has published detailed principles and rules for operating retail businesses. These are introduced as secondary legislation, outlining further details for legislation enacted... [Read More]