MA | Gazette Edition 31: 17 October 2016
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MA | Gazette Edition 31: 17 October 2016, All Time
Turkish Constitutional Court: Exception to Investment Allocation Threshold Contradicts National Assembly’s Powers and Public Procurement Legislation
Turkish legislation requires projects in the 2015 Investment Program’s additional investment list, as well as projects which are predicted to extend for more... [Read More]
Turkey Introduces Regulatory Regime for Pyrotechnic Substances
Turkey has introduced regulations for manufacturing, categorizing, distributing and importing pyrotechnic substances. The new rules require pyrotechnic substances meet minimum composition and labeling... [Read More]
Turkey Announces Safety, Labelling and Recall Rules for Electrical Equipment Used Between Certain Voltages
Turkey has introduced regulations for electronic equipment aimed at protecting the safety of people, property and animals. The rules apply to electrical equipment... [Read More]
Turkey Introduces Rules to Ensure Electromagnetic Compatibility
Turkey’s Ministry of Industry and Technology has introduced rules for electromagnetic compatibility between electronic devices and fixed wiring installations to ensure electromagnetic compatibility... [Read More]
Turkey Reduces Special Consumption Tax for Hybrid Cars
Turkey has introduced a long awaited reduction of special consumption tax on hybrid cars. Tax rates are significantly reduced, depending on the engine... [Read More]
Turkish Capital Markets Board Waives Quarterly Fee for Venture Capital Investment Funds Until End of 2020
The Turkish Capital Markets Board has announced that fees for venture capital investment funds under Article 130(3) of the Capital Markets Law will... [Read More]
Turkey Introduces Withholding Tax Discount for Entities Providing Services Outside the Country
Turkey has introduced a discount on withholding tax for certain employees working at entities which provide services outside Turkey. From 1 January 2017,... [Read More]
Turkish Banking Regulations Now Allow Credit Agreements to be Restructured More Easily
Turkey has amended classification rules for banks (including foreign branches) which apply when classifying collectible credit groups and other receivables. The changes allow... [Read More]
Turkey Introduces Detailed Legislative Regime to Encourage Large-Scale Renewable Energy Investment
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... [Read More]
Turkey Publishes Further Details of Stamp Tax Exemptions Intended to Encourage Investment
Turkey has published secondary legislation, outlining further details for a recent law which significantly loosened stamp tax obligations and notary fees for a... [Read More]
Obligations Apply Under Turkey’s Data Protection Regime From October 2016
The six month transition period for certain provisions under Turkey’s new data protection regime ended on 7 October 2016. As a result, penalties... [Read More]
