MA | Gazette Edition 43: 24 April 2017
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MA | Gazette Edition 43: 24 April 2017, All Time
Turkey Introduces New Definitions and Measurement Specifications for Food Additives, in line with European Union
Turkey has introduced new definitions and measurement specifications for food additives, in line with the European Union’s approach. These changes follow a series... [Read More]
Commercial Registries to Take Over Incorporation and Capital Increase Fee Collection from Competition Authority in Turkey
The 0.04% fees paid during company incorporation and capital increases for joint stock or limited companies will now be paid to commercial registries,... [Read More]
Requirements Clarified for Power of Attorneys Used During Land Registry Transactions, Issued Outside Turkey
Turkey’s General Directorate of Land Registers Department of Foreign Affairs recently clarified form and process requirements for power of attorneys used during land... [Read More]
Turkey Updates Discount Methods for Undeclared VAT
Turkey’s Ministry of Finance has announced changes to the Value Added Tax (“VAT”) regime. Changes apply to discount methods for undeclared VAT. Undeclared... [Read More]
Turkey Waives Stamp Tax on Certain Construction Sector Agreements, Plus Reduces Title Deed Fees and Government Deductions on Turkish Lira loans, Obtained from Abroad
Turkey has made a range of changes to taxes and fees. Stamp waiver is now waived for certain construction-related agreements and title deed... [Read More]
Turkey Updates Rules and Procurement Processes for Petroleum Products
Turkey’s Energy Markets Regulatory Authority (“Authority”) has amended procurement principles for petroleum products from domestic and international sources, excluding fuel oil (“Petrol Products”).... [Read More]
Turkey’s Capital Markets Board Updates Regime for Issuing Debt Instruments
Turkey’s Capital Markets Board has announced a range of changes regarding debt instruments. Among other changes, an entity’s board of directors can now... [Read More]
Turkey Tweaks Government Financial Support Scheme for Technological Products
Turkey has amended the scope and procedure of a government investment support scheme for technological products (“Scheme”). Notably, support for loan interest has... [Read More]
Turkey Clarifies Tax Obligations for Electronic Money and Payment Agencies
Turkey has announced clarifications of taxation arrangements for payment services provided by e-money and e-payment agencies. Legislation deems these e-currency transactions to be... [Read More]
