MA | Gazette Edition 58: 4 January 2018
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MA | Gazette Edition 58: 4 January 2018, All Time
Turkey Loosens Rules for Bank Spin-Offs
Turkey has loosened its rules for bank spin-offs, introducing a new distinction for partial spin-offs and excluding these transactions from the scope of... [Read More]
Turkey Updates Rules For Ancillary Services in Electricity Market
Turkey has updated the regulatory regime related to the ancillary services necessary to ensure safe operation and quality standards for electricity transmission and... [Read More]
WIPO Releases 2017 Report Detailing Global Intellectual Property Activity
The World Intellectual Property Organization (“WIPO”) has released its 2017 World Intellectual Property Indicators Report (“Report”) outlining territorial rankings on global intellectual property... [Read More]
Turkey Introduces Mechanism to Request Review of Administrative Fines in Certain Circumstances
In certain circumstances, recipients of the administrative fines can now request reconciliation of administrative fines imposed by governorships or the Ministry of Customs... [Read More]
Turkey Restructures Methods for Settlement with the Finance Revenue Administration For Related Party Transactions
Turkey has restructured methods for settelement with Finance Revenue Administration (“Administration”) for related party transcations. The developments widen and clarify the scope of... [Read More]
Turkey Amends Valuation Mechanism for Real Estate Tax
Unit values form the basis of real estate taxes in Turkey (duplicated article 49 of Tax Procedural Law number 213). Real estate valuations... [Read More]
Comparative Advertisements Postponed in Turkey Until January 2019
For the third time, comparative advertising has been postponed in Turkey, now becoming possible from 1 January 2019 onwards. From that date, advertisements... [Read More]
Turkey Announces Rules and Processes for Data Controller Registry
Turkey has announced procedures and principles for registering with the Data Controllers Registry (“Registry”) by real persons and legal entities responsible for establishing... [Read More]
Turkey Increases Corporate Tax by 2%, Plus Announces Other Changes to Corporate Tax Regime
Turkey has announced a series of changes to the Corporate Tax Law number 5520. Notably, corporate tax will increase from 20% to 22%... [Read More]
