MA | Gazette Edition 45: 25 May 2017
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MA | Gazette Edition 45: 25 May 2017, All Time
Turkish Constitutional Court: Municipality Re-Zoning and Failing to Return Property Gifted for Specific Purposes Breaches Constitutional Property Rights
Turkey’s Constitutional Court recently considered circumstances where an applicant had gifted land to the local municipality for road construction, without receiving compensation. The... [Read More]
European Competition Watchdog Publishes Findings from its Two Year Examination of the e-Commerce Industry
In May 2015, the European Competition Commission (“Commission”) launched an e-commerce sector inquiry as part of the Digital Single Market strategy, based on... [Read More]
Turkish Competition Authority to Investigate Expo Market
The Turkish Competition Authority (“Authority”) has announced that it will launch a sector enquiry, focusing on the expo industry. The enquiry will seek... [Read More]
Turkey Updates Pricing Regime for Human Medicinal Products
Turkey has updated the pricing regime for human medicinal products. Changes apply particularly to price calculation methods and caps, including where changes occur... [Read More]
Turkey Updates Packaging Rules and Introduces National Database for Human Medicinal Products
Turkey has introduced a centralized database to track medicinal products for human use (“Medicinal Products”), as well as information about parties involved in... [Read More]
Turkish Citizenship Now Offered in Return for US $1.5 Million Investment into Real Estate or Venture Capital Funds
Foreign investors holding at least US $1.5 million shares in either real estate or venture capital investment funds for three years are now... [Read More]
VAT Exemption for Foreigners Purchasing Residence and Office Premises Using Foreign Currency
Turkey has introduced a VAT exemption for the first time a particular property is purchased by a foreigner as a residence or office,... [Read More]
Real Estate Certificates Now Regulated Under the Capital Markets Law in Turkey
Turkey has taken a series of new measures involving companies and public institutions in the wake of the State of Emergency declared on... [Read More]
Turkish Financial Incentives Scheme Extended for Investments in Storage and Nuclear
Turkey has extended the scope of financial incentives offered for investments in certain industries. The Investment Incentive Scheme divides Turkey into six regional... [Read More]
Turkey Updates Contest Rules for Renewable Energy Resource Areas
Turkey’s Ministry of Energy and Natural Resources has amended legislation governing large-scale renewable energy resource areas (“RERA”). The General Directorate of Renewable Energy’s... [Read More]
Public Consultation in Turkey Regarding Regulation Which Establishes Data Controller Register
Turkey’s Data Protection Authority (“Authority”) recently held a two week public consultation period on the details of draft legislation which establishes the Data... [Read More]
