Significant Reform in Tax Legislation with Law No. 7524 on Amendments to Tax Laws and Certain Laws and Decree Law No. 375
Law No. 7524 on the Amendment of Tax Laws, Certain Laws and Decree Law No. 375 (“Law No. 7524”), published in the Official Gazette on August 2, 2024, and made major reforms in tax legislation.
LIABILITIES OF SHAREHOLDERS, DIRECTORS, AND MANAGERS FOR COMPANY DEBTS IN JOINT STOCK (JSC) AND LIMITED LIABILITY (LLC) COMPANIES IN TURKEY
A. Company Types and Liabilities of Shareholders, Directors, and Managers In Turkey, the corporate landscape is predominantly comprised of two types of capital companies: Joint Stock Companies (JSCs) and Limited Liability Companies (LLCs).
PROTECTION OF PERSONAL DATA IN TURKISH ELECTRONIC COMMUNICATIONS SECTOR
The responsibilities incumbent upon companies providing electronic communication services, networks,
NEW REGULATIONS AND TAX LIABILITIES FOR DAILY RESIDENTIAL RENTALS VIA AIRBNB AND SIMILAR PLATFORMS
Law No. 7464 on the Leasing of Residential Properties for Tourism Purposes and Amendments to Certain Laws (“Law”) was adopted by the Grand National Assembly of Turkey on October 25, 2023.
VERTICAL ARRANGEMENTS AND SUPPLIER-DEALER RESTRICTIONS IN THE AUTOMOTIVE SECTOR IN TURKEY
WHAT ARE VERTICAL AGREEMENTS? In 2002, the Competition Board released “Communiqué No. 2002/2 on Group Exemption for Vertical Agreements,” which encompassed various forms of vertical agreements. Subsequently, in 2003, the Competition Board unveiled the “Implementation Guideline for Communiqué No. 2002/2 on Vertical Agreements,” aiming to provide distinct directives for the Competition Board’s application of the …
REGISTERED ELECTRONIC MAIL SYSTEM IN TURKEY
I. WHAT IS THE KEP ADDRESS? Registered electronic mail (“KEP- Kayıtlı Elektronik Posta in Turkish”) is a qualified mailing system that allows the storage of electronic documents and re-access to electronic mail, when necessary, as well as a deed in the legal sense and constitutes conclusive evidence until proven otherwise. Through KEP, important information such …
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LAWSUITS FOR ANNULMENT OF OBJECTIONS ON ENFORCEMENT ACTIONS FOR COLLECTIONS UNDER TURKISH LAW
In Turkey, debt enforcement proceedings are divided into two categories: enforcement proceedings with a judgment and enforcement proceedings without a judgment. In enforcement proceedings with a judgment (based on a court decision already obtained), the enforcement proceedings can be carried out for all kinds of receivables. However, this is not the case for proceedings without …
REGULATIONS WITHIN THE SCOPE OF EARLY RETIREMENT WITHOUT MEETING THE AGE REQUIREMENT (EYT)
With Law No. 7438 on the Amendment of the Social Security and General Health Insurance Law and Decree No. 375 (“Law No. 7438”) published in the Official Gazette dated March 3, 2023, and numbered 32121, various amendments were made for employees who fail to meet the age requirements for retirement (“EYT- Emeklilikte Yaşa Takılanlar in …
TÜRK HUKUKUNDA ORTAKLIĞIN GİDERİLMESİ İZALE-İ ŞÜYU DAVALARI
Eski adıyla izale-i şüyu olarak bilinen ortaklığın giderilmesi davası, paylı mülkiyete veya elbirliği ile mülkiyete konu olan taşınır/taşınmaz malın, haklı bir sebebin varlığına gerek duyulmaksızın paydaşlardan her birinin paylaşma talebinde bulunması sonucu ortaya çıkan bir dava türüdür. Bu dava türü, ülkemizdeki miras hukuku kapsamındaki mülkiyet paylaşımları doğrultusunda, en yaygın olarak açılan davalardan biridir.
LITIGATION FOR THE DISSOLUTION OF JOINT OWNERSHIPS UNDER TURKISH LAW
Litigation for the dissolution/elimination of joint ownership of properties, also called partition lawsuits (‘izale-i suyu davalari’ in Turkish), are type of cases that arise as a result of the will of any joint owner to dissolve the co-ownership status over a movable or immovable property subject to co-ownership or joint ownership without the need for …
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