31 May 2018
Turkey has introduced several incentives to encourage job creation. New tax incentives are available for employers which create jobs for women, disabled, or young employees. Further incentives are available for employers which create these jobs in the production and […]
30 May 2018
Turkey’s Constitutional Court recently dismissed an application seeking to cancel 13 articles of the Law Amending the Electricity Market Law and Certain Other Laws numbered 6719, dated 4 June 2016 (“Amendment Law”). 130 deputies and several first instance courts […]
25 May 2018
Turkey’s Data Protection Board (“Board”) has announced exemptions for certain data controllers, meaning they will not be required to register with the Data Controllers Registry (“Registry”). The exemption applies to associations, foundations, notaries, lawyers, public accountants, unions, political parties, […]
24 May 2018
Turkey has amended tax rules for payments to employees in the context of mutual termination agreements. Accordingly, certain payments are now deemed to be wages and are exempt from income tax. These payments include compensation, job loss indemnity, termination […]
19 Apr 2018
Turkey has updated rules related to pledges on movable assets. Notably, all future legal interests in a movable asset will now be directly covered by a pledge, together with the movable asset. If a production process is pledged together […]
14 Apr 2018
Turkey’s Energy Market Regulatory Authority has extended its requirements to apply protection measures when adding national markers to fuel. Under the change, all fuel producers holding processing licenses must now implement these protection measures. Also, waste processing license holders […]
27 Mar 2018
Turkey’s Energy Market Regulatory Authority (“Authority”) has changed the information required during applications for waste processing licenses in the petroleum market. Accordingly, an application’s facility information file and supporting documentation must now also include the applicant’s agreement with refineries […]
20 Mar 2018
Turkey has announced its National Energy Efficiency Action Plan for the 2017-2023 period (“Action Plan”). The Action Plan outlines 55 actions involving buildings and services, energy, transport, industry and technology, agriculture and other issues for horizontal sectors. It examines […]
13 Mar 2018
Turkey has introduced new fee waivers and discounts for mining activities, available during the first five or ten years of a mine’s operation. Changes have also been made to criteria for canceling exploration activities, as well as issuing administrative […]
9 Mar 2018
Turkey’s Energy Market Regulatory Authority (“Authority”) has increased administrative fines related to electricity, natural gas, oil and LPG by 14.47% from 1 January 2018, based on the Treasury’s annual revaluation rate, determined for 2017. The Treasury announced the 2017 […]
