Gemicioglu

The Ministry of Industry and Technology made amendments to the Communiqué regarding the implementation of the Decision on State Aid for Investments through Communiqué No. 2024/1, published in the Official Gazette dated 24.08.2024. Shortly after, a further amendment was introduced through Communiqué No. 2024/2, which revised a provision in paragraph 8(e) within the scope of […]

1- The Concordat Expense Advance Tariff, prepared pursuant to the 4th paragraph of Article 285 of the Execution and Bankruptcy Law No. 2004, was published in the Official Gazette dated 24/08/2024 and numbered 32642, and entered into force as of 24/08/2024. With the entry into force of this Tariff, the Concordat Expense Advance Tariff, which […]

The Regulation on Leasing Uncultivated Agricultural Lands for Agricultural Purposes, prepared by the Ministry of Agriculture and Forestry, was published in the Official Gazette No. 32640 on August 22, 2024, and has come into effect. According to Article 5 of the Regulation, agricultural lands that are privately owned by individuals or legal entities and have […]

With the Regulation Amending the Regulation on Distance Contracts (“Regulation”) published in the Official Gazette dated August 10, 2024, numbered 32628, the expressions “1/1/2025” in the first and second paragraphs of the provisional article 1 of the Regulation on Distance Contracts have been changed to “1/1/2026”.With this amendment, the limitations on the goods and services […]

A. Key Amendments to the Income Tax Law and Corporate Tax Law A minimum corporate tax payment obligation has been introduced for corporations. However, this obligation will not apply to earnings in 2024; it will take effect for earnings after January 1, 2025, including interim tax periods. Subsidiaries of multinational enterprise groups with annual consolidated […]