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Turkey Announces Details of Data Protection Authority’s Organizational Structure
Turkey has published details of the Data Protection Authority’s (“Authority”) organizational structure, department duties, powers, and responsibilities, as well as the Authority’s working... [Read More]
Turkey Amends Rules for Value Added Tax, Introducing New Exemptions
Turkey has announced a range of amendments to the tax regime, as well as new VAT exemptions. A new tax base calculation is... [Read More]
Turkey Updates Rules for Pharma Packaging and Patient Leaflets
The Turkish Medicines and Medical Devices Agency (“Agency”) updated the guidelines for packaging and patient leaflets related to human medicinal products. Changes primarily... [Read More]
Turkey Introduces Licenses for Internet Broadcasting
Radio and television broadcast online in Turkey must now obtain a broadcast license from the Radio and Television Supreme Council (“Council”), while platform... [Read More]
Turkey Revises State Support Scheme for Trademark-Related Costs when Purchasing Foreign Companies
Turkey’s Money-Credit Coordination Board has amended the financial support scheme for market research and market entry. Changes apply particularly to trademark-related costs when... [Read More]
Turkish Trade Remedies – May 2018
The following article gives a summary of decrees by the Council of Ministers and communiqués by the Ministry of Economy regarding the prevention... [Read More]
Turkey Announces Essential Contractual Clauses Required to Transfer Personal Data Outside Turkey
Turkey’s Data Protection Board (“Board”) has minimum contractual clauses (“Minimum Clauses”). The Minimum Clauses address the essential clauses must be included under contracts... [Read More]
Turkey Launches Income Tax Incentives to Encourage New Jobs for Women, Disabled, or Young Employees
Turkey has introduced several incentives to encourage job creation. New tax incentives are available for employers which create jobs for women, disabled, or... [Read More]
Turkey’s Constitutional Court Dismissed an Application Seeking Cancellation of Provisions Regulating Payment of Electricity Loss and Leakage Fees by Consumers
Turkey’s Constitutional Court recently dismissed an application seeking to cancel 13 articles of the Law Amending the Electricity Market Law and Certain Other... [Read More]
Turkey’s Data Protection Board Announces Exemptions from Registering with the Data Controller Registry
Turkey’s Data Protection Board (“Board”) has announced exemptions for certain data controllers, meaning they will not be required to register with the Data... [Read More]
Turkey Amends Tax Rules for Payments to Employees in Mutual Termination Agreements
Turkey has amended tax rules for payments to employees in the context of mutual termination agreements. Accordingly, certain payments are now deemed to... [Read More]
Turkey Updates Financial Reporting and Accounting Standards
Turkey’s Public Oversight, Accounting and Auditing Standards Authority has updated a range of Financial Reporting Standards and Accounting Standards, as well as Interpretations... [Read More]