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Category: MA | COVID-19 Corner: Tax and Other Public Liabilities

Turkey Extends Deadlines Regarding Periodic Liabilities Arising from Preliminary License, License and Unlicensed Connection Agreements due to COVID-19 Pandemic

10 Apr 2020

Turkish Energy Market Regulatory Authority (“EMRA”) has taken measures for mitigating the effects of the COVID-19 pandemic upon electricity market. As per EMRA’s decision dated 2 April 2020 (“Decision”), periodical liabilities of legal persons operating in the electricity markets […]

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Turkey Determined the Deduction Rate for the Shares to be Paid to Provincial Private Administrations and Municipalities from the General Budget Tax Revenues as 0%

31 Mar 2020

Turkey has determined the deduction rate for the shares to be paid from the general budget tax revenues to metropolitan municipalities, provincial private administrations, municipalities and their related institutions in return of their debts as 0% for April, May […]

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