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Turkey Launches Crowdfunding Legislation
Turkey has introduced a new legislative regime focused on crowdfunding. It is the first time that crowdfunding structures receive specific attention from Turkish... [Read More]
Turkey Introduces Online System for Taxpayers
From 1 January 2018, certain taxpayers in Turkey can now use an electronic Bookkeeping Declaration System (“System”) to store and submit selected documents... [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]
Activity Permits for Suspended Independent Audit Firms in Turkey Will Not Be Cancelled Due to Auditors Leaving
Turkey’s Public Oversight, Accounting and Auditing Standards Authority (“Authority”) has declared that if an independent audit firm has its activity permit suspended, the... [Read More]
Turkey to Ban Free Plastic Bags from Start of 2019
Turkey has updated the regulatory regime for packaging and waste, including significant new rules regarding waste collection and recycling. Most notably, free plastic... [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]
Turkish Constitutional Court: Unreasoned Interim Decisions Refusing Confidentiality Request Constitutes a Violation of Right to Privacy
The Turkish Constitutional Court recently considered an individual’s request for confidentiality within a malpractice case. It ruled that a fair balance must be... [Read More]
Turkey Introduces Centralised System for Recording Approvals about Commercial Electronic Messages
To send commercial electronic messages in Turkey, senders must first obtain a recipient’s approval. The Ministry of Customs and Commerce (“Ministry”) is now... [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]
Turkish Constitutional Court: Employees’ Right to Join a Union Includes Decision-Making Process
Turkish Constitutional Court recently ruled that the process of deciding whether to join a workers’ union also falls within the scope of the... [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 Updates Rules for Organized Industrial Zones Specialized in Agriculture
Turkey has updated rules for Organized Industrial Zones Specialized in Agriculture (“Agriculture Zones”). Changes apply to principles and procedures for projects, applications, zoning... [Read More]
