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19 July 2023

Client Alert

Turkey Adopts New Economic Measures: Latest Increases in VAT, Consumer Loan Tax, and Fees :

Emre ERSOY, Sena Nur GÜRDOĞAN

27 March 2023

Client Alert

TURKEY FURTHER ENDORSES THE CONVERSION TO TURKISH LIRA BY ISSUING A NEW COMMUNIQUE ON COMPANIES’ FOREIGN FX INCOME:

Another step is taken by the CBRT to implement “Liraization” with a new Communique aiming to incentivize companies to convert their foreign Exchange obtained from abroad into Turkish lira accounts.

Emre ERSOY, ErsoyBilgehan

09 December 2022

Client Alert

THRESHOLDS DOUBLED FOR MANDATORY INDEPENDENT AUDITS:

With the publication of the Decision on the Determination of Companies Subject to Independent Audit in the Official Gazette dated 30 November 2022; the previous decision on the same issue, which was published in 2018, is now repealed for the need to redetermine the scope of independent audit.

ErsoyBilgehan
ErsoyBilgehan

01 December 2015

Article

Distribution of Interim (Advance) Dividends:

The Turkish Code of Commerce (“TCC”) Art.509 on dividends provides that, while the dividends can be distributed from net period profits and free reserves

İlknur PEKŞEN, ErsoyBilgehan

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