Recent Keynotes of October 2024
International Agreements
- The Resolution of the President dated 03.10.2024 and numbered 8993 on the Approval of the Board of Governors’ Resolutions No. 259 and 260 on the Amendment to the Annexed Agreement on the Establishment of the European Bank for Reconstruction and Development, Approved by Law No. 7526 dated 28/7/2024 (Resolution No: 8993) was published in the Official Gazette dated 04.10.2024 and numbered 32682.
- The Resolution of the President dated 04.10.2024 and numbered 9008 on the Ratification of the Free Trade Agreement between the Government of the Republic of Türkiye and the Government of Ukraine was published in the Official Gazette dated 04.10.2024 and numbered 32682 (bis).
Resolutions of the President
- The Resolution of the President dated 09.10.2024 and numbered 9009 on the Implementation of Tariff Quotas on Corn Imports was published in the Official Gazette dated 10.10.2024 and numbered 32688. This Decision enters into force on the day following the date of publication.
- The Resolution of the President dated 09.10.2024 and numbered 9010 on the Amendment to the Turkish Customs Tariff Schedule Divided into Statistical Positions entered into force through publication in the Official Gazette dated 10.10.2024 and numbered 32688.
Legislation
- The Regulation Amending the Regulation on Increasing Efficiency in the Use of Energy Resources and Energy entered into through publication in the Official Gazette dated 21.09.2024 and numbered 32669.
- The Communiqué (No: 2024/21) Amending the Communiqué on Reserve Requirements (No: 2013/15) was published in the Official Gazette dated 21.09.2024 and numbered 32669. This Communiqué enters into force on the date of its publication, effective as of 13.09.2024.
- The Communiqué Amending the Communiqué on Principles Regarding Venture Capital Investment Funds (III-52.4) (III-52.4.c) entered into force through publication in the Official Gazette dated 21.09.2024 and numbered 32669.
- The Regulation on the Implementation of Article 16 of the Forest Law entered into force through publication in the Official Gazette dated 24.09.2024 and numbered 32672.
- The Regulation Amending the Electricity Market Measurement Systems Regulation entered into force through publication in the Official Gazette dated 25.09.2024 and numbered 32673.
- The General Communiqué on Tax Procedure Law (Sequence No: 565) was published in the Official Gazette dated 25.09.2024 and numbered 32673. This Communiqué enters into force on 01.10.2024 to be applied to the September 2024 period and the periods following this period.
- The Communiqué Amending the General Communiqué on Tax Procedure Law (Sequence No: 483) (Sequence No: 566) entered into force through publication in the Official Gazette dated 25.09.2024 and numbered 32673.
- The Communiqué (Sequence No: 552) Amending the General Communiqué on Tax Procedure Law (Sequence No: 567) entered into force through publication in the Official Gazette dated 25.09.2024 and numbered 32673.
- The Communiqué (Sequence No: 568) Amending the General Communiqué on Tax Procedure Law (Sequence No: 456) was published in the Official Gazette dated 25.09.2024 and numbered 32673. The provisions of this Communiqué enter into force on different dates.
- The Communiqué (No: 2024/3) Amending the Communiqué on the Implementation of the Resolution on State Aids in Investments (Communiqué No: 2012/1) was published in the Official Gazette dated 25.09.2024 and numbered 32673. This Communiqué enters into force on the date of its publication, effective as of 24.08.2024.
- The Communiqué Amending the Communiqué on the Implementation of Surveillance in Imports (Communiqué No: 2024/3) entered into force through publication in the Official Gazette dated 25.09.2024 and numbered 32673.
- The Communiqué (Serial No: 325) Amending the Income Tax General Communiqué (Serial No: 318) was published in the Official Gazette dated 26.09.2024 and numbered 32674. This Communiqué enters into force on the date of its publication, effective as of 01.01.2024.
- The General Communiqué on Tax Procedure Law (Sequence No: 569) entered into force through publication in the Official Gazette dated 26.09.2024 and numbered 32674.
- The Communiqué on the Payment of Subsidies for Crop Production and Some Other Agricultural Subsidies (No: 2024/31) was published in the Official Gazette dated 26.09.2024 and numbered 32674. The provisions of this Communiqué enter into force on different dates.
- The Communiqué Amending the Communiqué on the Implementation of Surveillance in Imports (Communiqué No: 2019/6) entered into force through publication in the Official Gazette dated 26.09.2024 and numbered 32674.
- Income Tax General Communiqué (Serial No: 326) entered into force through publication in the Official Gazette dated 27.09.2024 and numbered 32675.
- The Communiqué (Serial No: 327) Amending the Income Tax General Communiqué (Serial No: 292) entered into force through publication in the Official Gazette dated 27.09.2024 and numbered 32675.
- The Communiqué on Prevention of Unfair Competition in Imports (No: 2024/28) entered into force through publication in the Official Gazette dated 27.09.2024 and numbered 32675.
- The Communiqué on Prevention of Unfair Competition in Imports (No: 2024/29) entered into force through publication in the Official Gazette dated 27.09.2024 and numbered 32675.
- The Communiqué on Prevention of Unfair Competition in Imports (No: 2024/30) entered into force through publication in the Official Gazette dated 27.09.2024 and numbered 32675.
- The Communiqué (No: 2024/22) Amending the Communiqué on the Maximum Interest Rates Applicable to Credit Card Transactions (No: 2020/16) entered into force through publication in the Official Gazette dated 27.09.2024 and numbered 32675.
- The Regulation Amending the Regulation on the Allocation of Public Immovables to Tourism Investments entered into force through publication in the Official Gazette dated 28.09.2024 and numbered 32676.
- The Regulation Amending the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers entered into force through publication in the Official Gazette dated 28.09.2024 and numbered 32676.
- The Communiqué (Serial No: 23) Amending the General Communiqué on Corporate Tax (Serial No: 1) entered into force through publication in the Official Gazette dated 28.09.2024 and numbered 32676.
- The Communiqué (Sequence No: 570) Amending the General Communiqué on Tax Procedure Law (Sequence No: 478) entered into force through publication in the Official Gazette dated 28.09.2024 and numbered 32676.
- The Communiqué Amending the Communiqué on Information Systems of Payment and Electronic Money Institutions and Data Sharing Services of Payment Service Providers in the Field of Payment Services entered into force through publication in the Official Gazette dated 28.09.2024 and numbered 32676.
- The Communiqué (Generalized System of Preferences) (Serial No: 8) Amending the Customs General Communiqué (Generalized System of Preferences) (Serial No: 2) was published in the Official Gazette dated 01.10.2024 and numbered 32679. This Communiqué enters into force on the date of its publication, effective from 01.04.2024.
- The Communiqué (No: 2024/2) Amending the Communiqué on Payments to be made by Joint Stock and Limited Liability Companies Pursuant to Law No. 4054 (Communiqué No: 2017/4) entered into force through publication in the Official Gazette dated 01.10.2024 and numbered 32679.
- The Regulation Amending the Petroleum Market License Regulation was published in the Official Gazette dated 03.10.2024 and numbered 32681. This Regulation enters into force on 01.01.2025.
- The General Communiqué on the Law No. 7440 on the Restructuring of Certain Receivables (Serial No: 7) entered into force through publication in the Official Gazette dated 04.10.2024 and numbered 32682.
- The Resolution of the Grand National Assembly of Türkiye dated 02.10.2024 on the Establishment of a Parliamentary Research Commission for the Purpose of Determining the Steps to be Taken towards the Gains of Artificial Intelligence, Establishing the Legal Infrastructure in this Field and Determining the Measures to Prevent the Risks of the Use of Artificial Intelligence was published in the Official Gazette dated 05.10.2024 and numbered 32683.
- The Regulation Amending the Regulation on Renewable Energy Resource Areas entered into force through publication in the Official Gazette dated 05.10.2024 and numbered 32683.
- The Communiqué (No: 2024-32/70) Amending the Communiqué (Communiqué No: 2008-32/34) on the Resolution No: 32 on the Protection of the Value of the Turkish Currency entered into force through publication in the Official Gazette dated 08.10.2024 and numbered 32686.
- The Communiqué on Prevention of Unfair Competition in Imports (No: 2024/31) entered into force through publication in the Official Gazette dated 09.10.2024 and numbered 32687.
- The Communiqué on Import Quota and Tariff Quota Administration (No: 2024/8) was published in the Official Gazette dated 09.10.2024 and numbered 32687. This Communiqué enters into force on the date of its publication, effective from 23.09.2024.
- The Regulation on the Amendment to the Regulation on Workplace Opening and Operation Licenses (Resolution No: 9016) entered into force through publication in the Official Gazette dated 10.10.2024 and numbered 32688.
- The Regulation Amending the Electricity Market License Regulation entered into force through publication in the Official Gazette dated 10.10.2024 and numbered 32688.
- The Customs General Communiqué (Entry into Free Circulation) (Serial No: 18) entered into force through publication in the Official Gazette dated 10.10.2024 and numbered 32688.
- The Communiqué (Customs Transactions) (Serial No: 207) Amending the Customs General Communiqué (Serial No: 90) entered into force through publication in the Official Gazette dated 10.10.2024 and numbered 32688.
- The Communiqué (Customs Transactions) (Serial No: 208) Amending the Customs General Communiqué (Customs Transactions) (Serial No: 94) entered into force through publication in the Official Gazette dated 10.10.2024 and numbered 32688.
- The Communiqué (Customs Transactions) (Serial No: 209) Amending the Customs General Communiqué (Customs Transactions) (Serial No: 105) entered into force through publication in the Official Gazette dated 10.10.2024 and numbered 32688.
- The Communiqué Amending the Communiqué on the Implementation of Surveillance in Imports (Communiqué No: 2008/4) entered into force through publication in the Official Gazette dated 10.10.2024 and numbered 32688.
- The Communiqué on the Implementation of Tariff Quotas on Corn Imports was published in the Official Gazette dated 10.10.2024 and numbered 32688. This Communiqué enters into force on the day following the date of publication.
- The Communiqué Amending the Communiqué on Tariff and Instructions for Compulsory Financial Liability Insurance for Marine Vehicles entered into force through publication in the Official Gazette dated 10.10.2024 and numbered 32688.
- The Communiqué on Prevention of Unfair Competition in Imports (No: 2024/33) entered into force through publication in the Official Gazette dated 11.10.2024 and numbered 32689.
- The Communiqué on Accreditation Usage Fee / Share to be Applied by the Turkish Accreditation Agency (TÜRKAK: 2024/1) entered into force through publication in the Official Gazette dated 11.10.2024 and numbered 32689.
- The Regulation on the Audit of Sports Clubs, Sports Joint-Stock Companies and Superior Organizations entered into force through publication in the Official Gazette dated 12.10.2024 and numbered 32690.
- The Regulation Amending the Regulation on the Manufacturing, Modification and Assembly of Vehicles entered into force through publication in the Official Gazette dated 12.10.2024 and numbered 32690.
- The Regulation Amending the Regulation on Official Announcements and Advertisements was published in the Official Gazette dated 12.10.2024 and numbered 32690. This Regulation enters into force on the date of its publication, effective from 01.10.2024.
- The Regulation on Fluorinated Greenhouse Gases was published in the Official Gazette dated 15.10.2024 and numbered 32693. The provisions of this Regulation enter into force on different dates.
- The Communiqué Amending the Communiqué on Import of Road Vehicles (Import: 2024/7) was published in the Official Gazette dated 15.10.2024 and numbered 32693. This Communiqué enters into force on the thirtieth day following the date of publication.
- The Communiqué (Serial No: 5) Amending the General Communiqué (Serial No: 1) on Disguised Profit Distribution through Transfer Pricing was published in the Official Gazette dated 17.10.2024 and numbered 32695. This Communiqué enters into force on the date of its publication, effective from 01.09.2024.
- The Income Tax General Communiqué (Serial No: 328) entered into force through publication in the Official Gazette dated 17.10.2024 and numbered 32695.
- The Communiqué (Sequence No: 572) Amending the General Communiqué on Tax Procedure Law (Sequence No: 459) entered into force through publication in the Official Gazette dated 18.10. 2024 and numbered 32696.
- The Regulation on the Technical Assessment of Electricity Generation Applications Based on Geothermal Energy Resources entered into force through publication in the Official Gazette dated 19.10.2024 and numbered 32697.
- The General Communiqué on Tax Procedure Law (Sequence No: 571) entered into force through publication in the Official Gazette dated 19.10.2024 and numbered 32697.
Competition Board Decisions
- The Competition Board (“Board”) authorized the acquisition of Sibelres Elektrik Üretim AŞ through privatization. (03.10.2024, 24-40/957-414)
Mergers and Acquisitions
- The Board authorized the acquisition of sole control of Baştuğ Çelik Anonim Şirketi and Baştuğ Metalurji Sanayi Anonim Şirketi by Tosyalı Entegre Demir Çelik Anonim Şirketi. (03.10.2024, 24-40/958-415)
- The Board authorized the acquisition of the sole control of Generali Sigorta A.Ş. by Kiler Holding A.Ş. (03.10.2024, 24-40/954-412)
- The Board authorized the establishment of a new joint venture by Baoshan Iron & Steel Co., Ltd., Baowu Aluminum Technology Co., Ltd. and Kobelco (China) Holding Co. (03.10.2024, 24-40/953-411)
- The Board authorized the acquisition of joint control of m-files Corporation through HBM Marvel Holdco S.A.R.L., indirectly controlled by Haveli Investments, L.P. and Bregal Milestone LL. (03.10.2024, 24-40/949-408)
- The Board authorized the acquisition of all shares and sole control of IQmine GmbH by Arrow Electronics Inc. through Arrow Central Europe GmbH. (03.10.2024, 24-40/940-404)
- The Board authorized the acquisition of sole control of Juniper Networks, Inc. by Hewlett Packard Enterprise Company. (03.10.2024, 24-40/939-403)
- The Board authorized the acquisition of the joint control of Exclusive Networks S.A. under the sole control of Permira Holdings Limited by Clayton Dubilier & Rice, LLC and Permira Holdings Limited. (03.10.2024, 24-40/938-402)
- The Board authorized the acquisition of all shares of His Yalıtım İzolasyon İnşaat Madencilik San. ve Tic. A.Ş. through İzocam Ticaret ve Sanayi A.Ş. and the establishment of a joint venture by Compagnie de Saint-Gobain S.A and Kutayba Yusuf Ahmed ALGHANIM. (03.10.2024, 24-40/935-400)
Energy
- The decision of the Energy Market Regulatory (“EMRA”) dated 19.09.2024 and numbered 12891 was published in the Official Gazette dated 21.09.2024 and numbered 32669. This Decision enters into force on the date of its publication, effective from 01.01.2025.
- EMRA’s decisions dated 26.09.2024 and numbered 12899, 12901 and 12902 were published in the Official Gazette dated 28.09.2024 and numbered 32676. Decisions enter into force on different dates.
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Other Contents
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