Transactions Without A Waybill Before Customs, Items Delivery Without Waybill

1. The control authority of the Customs Administration in a large scale, in accordance with the Customs Code Sec. 3 / F. 13 is defined as: “customs control” which means that the Turkish Customs District observes entry of goods carried between other countries and Customs District, exit, transit, transfer and carried out by the customs […]

Cemil Baha ÖZALPPartner, OZALP

Guideline on the Application of the Automatic Exchange of Financial Account Information in Tax Issues Was Published by Turkish Revenue Administration

As a result of the efforts of the Organization for Economic Cooperation and Development (OECD), the G20 and the EU to combat tax evasion on an international scale, The Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) has appeared. This contract has been signed by 136 countries as of today, including countries […]

“General Communiqué No 4 on Disguised Profit Distribution by Way of Transfer Pricing” Has Been Published Regarding the Postponement of the Deadline for the Notification Filing and the Country-by-Country Reporting with Various Explanations on Transfer Pric

As known, Presidential Decree No. 2151, which was published in the Official Gazette dated 25.02.2020 made significant changes in the transfer pricing legislation. In this scope, Master File and Country-by-Country Reporting (“CbCR”) obligations were imposed in addition to the local transfer pricing report (“local file”) within the framework of the three-stage transfer pricing documentation adopted […]

Term Of Short-Term Working Subsidy Extended Yet Again

This article is one of many articles we have published concerning the legal implications of COVID-19. Please click here for our “COVID-19 Insights” page and other articles. As our readers will recall from earlier articles, the government had introduced new regulations relating to the short-term working subsidy in an effort to alleviate the effects Covid-19 had on employers […]

Yusuf Mansur ÖzerAssociate, Ersoy Bilgehan

Reminder: Marketing Consents Must Be Transferred to the Commercial Message Management System by 31 August 2020

We had shared in a previous article that natural and legal entities that deliver electronic commercial messages were now required to register with the Centralized Commercial Message Management System (“IYS”). The deadline for service providers to transfer opt-in consents of recipients to IYS was initially set as 1 June 2020 but this deadline was extended to 31 August 2020 […]

Zihni BilgehanSenior Partner, Ersoy Bilgehan

Parliament Finally Amends Internet Law: New Social Media Regulations And Removal Of Content

The “social media regulations” which have been a topic of debate for a while have now been enacted by Parliament through the law no. 7253 (“Amending Law”) and was published in the Official Gazette dated 30 July 2020, amending the Law no. 5651 on the Regulation of Broadcasts via the Internet and the Prevention of Crimes Committed […]

Yusuf Mansur ÖzerAssociate, Ersoy Bilgehan

GB KVK – Right to be forgotten and its criteria – 240720

You can reach the board decision dated 23.06.2020 and numbered 2020/481 issued by the Personal Data Protection Authority on 17.07.2020 and the information notes we have prepared for the Criteria for Indexing The Results in Searches conducted through persons’ first and last name and search engines at the link below. Kişisel Verileri Koruma Kurumu tarafından […]

Erdem BalkanPartner, Guzeldere & Balkan Law Firm

E-Marketplace Platforms Sector Review was initiated by the Competition Board (16.7.2020)

The Competition Board has now decided to review the e-marketplace platforms sector following an investigation into chain markets selling retail food and cleaning products and its suppliers.During the review period, it is stated that the platforms themselves as well as initiatives using the platform will be discussed.As a result, in addition to traditional sales methods, […]

Erdem BalkanPartner, Guzeldere & Balkan Law Firm

Tax Transparency Increases International Taxation, New Reporting Requirements are Obtained with the Cross-Border Reporting Obligations (DAC6)

The dynamics of international taxation is in a great transformation, especially in recent years, through the practices put into effect by tax authorities one after another. While this situation naturally causes groups that have been structured abroad for a long time to change their practice for years and to restrict the movement area with the […]