A candid discussion across several key regions, including Turkey, of key issues, duties, potential liabilities and exposures of which company directors must be aware.
Inside Turkey blog
Legal developments around Turkey
Topic: ComplianceSubscribe to Compliance
Notable developments: Communiqué on the implementation of digital services tax entered into force
The Communiqué provides detailed explanations regarding the implementation of the digital services tax, notably in relation to the taxpayer, declarations, payments, deductions and tax security.
Details of the commercial electronic communication management system are introduced
The CMS is a tracking and notification system to be used by recipients or potential recipients of commercial electronic communications to grant or withdraw consent to receive such.
Global tax authorities are non-cryptic about increasing scrutiny in cryptocurrency industry; the Tax Man is here and he means business
The goal of the J5 is to increase collaboration in the fight against international tax crime and transnational money laundering.
Sensitive Data under Turkish Data Protection Law
Some types of personal data are defined as sensitive data in Turkish data protection legislation. As with non-sensitive personal data, sensitive data may be processed upon explicit consent of the data subject.
Expanded reviews of US in-bound investments
Foreigners taking controlling interests in US companies had to consider in the past whether to make a filing with the Committee on Foreign Investment in the United States — CFIUS, for short.
Transparency International Turkey’s Panel on Judiciary in the Fight against Corruption
Olgu Kama recently moderated a panel entitled “Judiciary in the Fight against Corruption” which was organized by Transparency International Turkey.
Introduction - ESG is No Longer Optional
The first chapter of the “Understanding ESG Series,” examines the background and importance of the ESG concept.
New Turkish E-commerce Trust Badge in Use
The Communique on the E-Commerce Trust Badge, which has been in force since June 2017, now bears fruit: The first batch of online businesses start placing the trust badge on their websites in January 2020.
Preparation of data inventory
According to Regulation on Data Controller Registry (the “Regulation”), data controllers who are required to register with VERBİS (the data controllers’ registry system) must keep a data inventory