Recent Keynotes of April 2019

International Agreements

  • The Resolution (No: 846) on Approval of the Memorandum of Understanding Regarding the Arrangement of the Third UNWTO-UNESCO World Tourism and Culture Conference Between the Republic of Turkey and United Nations World Tourism Organization was published in the Official Gazette dated 22.03.2019 and numbered 30722.
  • The Global Environment Facility Trust Fund Grant Agreement (Turkey Modernization Project of Irrigation) between the Republic of Turkey and the International Bank for Reconstruction and Development, which is the Implementing Agency of the Global Environment Facility, was published in the Official Gazette dated 02.04.2019 and numbered 30733.
  • The Resolution (No: 896) on Approval of the Memorandum of Understanding on Establishment of a Joint Trade Committee between the Republic of Turkey and the Republic of Costa Rica was published in the Official Gazette dated 12.04.2019 and numbered 30743.
  • The Resolution (No: 904) on the Ratification of the Protocol on the Third Turkish-Serbian Joint Economic Committee was published in the Official Gazette dated 16.04.2019 and numbered 30747.

Resolutions of the President

  • The Resolution (No: 843) on the Amendment to Certain Resolutions of the Council of Ministers and the President was published in the Official Gazette dated 21.03.2019 and numbered 30721. This Resolution enters into force on 01.04.2019.
  • The Resolution (No: 845) on the Amendment to the Decree Regarding the Determination of the Value Added Tax Rates that will be Applied to Goods and Services entered into force through publication in the Official Gazette dated 22.03.2019 and numbered 30722.
  • The Annex to the Resolution on the Import Regime (No: 956) entered into force through publication in the Official Gazette dated 18.04.2019 and numbered 30749.
  • The Resolution (No: 1002) on the Implementation of Tariff Quota in the Importation of Certain Textile Products entered into force through publication in the Official Gazette dated 19.04.2019 and numbered 30750.

Legislation

  • The Communiqué (Serial No: 25) on the Amendment to the Communiqué on Value Added Tax General Application was published in the Official Gazette dated 23.03.2019 and numbered 30723. Various provisions of this Communiqué enter into force on different dates.
  • The Communiqué on the Amendment to the Tariffs and Instructions Communiqué on State-funded Commercial Receivables Insurance Regarding Small and Medium Sized Enterprises entered into force through publication in the Official Gazette dated 27.03.2019 and numbered 30727.
  • The Communiqué (Serial No: 26) on the Amendment to the Communiqué on Value Added Tax General Application was published in the Official Gazette dated 28.03.2019 and numbered 30728. This Communiqué entered into force on its publication date and became effective as of 22.03.2019.
  • The Communiqué on the Administration of Quota and Tariff Quotas in Importation (No: 2019/2) entered into force through publication in the Official Gazette dated 03.04.2019 and numbered 30734.
  • The General Communiqué on Recovery Contribution Declaration (No: 1) entered into force through publication in the Official Gazette dated 04.04.2019 and numbered 30735.
  • The Communiqué (No: 2019/4) on the Amendment to the Communiqué (No: 2016/8) Regarding the Highest Interest Rates to be applied to Credit Card Transactions was published in the Official Gazette dated 06.04.2019 and numbered 30737. This Communiqué entered into force on its publication date and became effective as of 01.04.2019.
  • The Communiqué on the Amendment to the Communiqué on Establishment and Operation Principles of Financial Leasing, Factoring and Financing Companies’ Information Systems entered into force through publication in the Official Gazette dated 06.04.2019 and numbered 30737.
  • The Regulation (No: 864) on the Amendment to the Regulation on the Principles and Procedures regarding Right to Information Act entered into force through publication in the Official Gazette dated 10.04.2019 and numbered 30741.
  • The Communiqué on the Amendment to the Communiqué on Special Income Tax List Number (I) (No: 6) was published in the Official Gazette dated 12.04.2019 and numbered 30743. This Communiqué entered into force on its publication date and became effective as of 01.03.2019.
  • Communiqués on the Prevention of Unfair Competition in Importation (No: 2019/11 - 2019/12 - 2019/13) entered into force through publication in the Official Gazette dated 12.04.2019 and numbered 30743.
  • The Regulation on the Amendment of the Regulation on Arbitration in Insurance entered into force through publication in the Official Gazette dated 18.04.2019 and numbered 30749.
  • The Communiqué (Import: 2019/3) on the Amendment to the Communiqué (No: Import: 2006/7) on Goods Subject to Registration of Imports entered into force through publication in the Official Gazette dated 18.04.2019 and numbered 30749.
  • The Regulation on the Amendment to the Regulation regarding Workplace Opening and Operation Licenses entered into force through publication in the Official Gazette dated 19.04.2019 and numbered 30750.

Competition Board Decisions

  • The Competition Board (“Board”) decided that Türk Henkel Kimya Sanayi ve Ticaret A.Ş. has violated Article 4 of Law numbered 4054 by determining resale prices of its products. (18-33/556-274, 19.9.2018)
  • The Board decided that the enterprises which transport containers by land from/to the ports in İzmir center and surrounding districts did not violate Article 4 of Law No. 4054 by determining prices and sharing customers, and that initiating an investigation was not necessary. (18-49/764-369, 27.12.2018)
  • The Board decided not to initiate an investigation on the claim that the stations operating in the center of Burdur have agreed to increase the prices of LPG and fuel products of auto gas. (19-04/31-12, 17.01.2019)
  • The Board decided not to initiate an investigation on the claim that raw meatball producers in the province of Gaziantep have agreed to terms of anti-competitive actions and behaviors. (19-03/13-5, 10.01.2019)
  • The Board decided that Sony Eurasia Pazarlama A.Ş. has violated Article 4 of the Law numbered 4054 by determining resale price of its products. (18-44/703-345, 22.11.2018)

Mergers and Acquisitions

  • The Board authorized the acquisition of the sole control over Zinedent İmplant Üretim A.Ş. by Straumann Holding AG’s affiliate Instradent AG. (18-48/749-362, 20.12.2018)
  • The Board authorized the establishment of a fully effective joint venture between DENSO Corporation and Aisin Seiki Co. Ltd. (19-04/32-13, 17.01.2019)
  • The Board authorized the acquisition of Vakıf Portföy Yönetimi A.Ş. and Halk Portföy Yönetimi A.Ş.by Ziraat Portföy Yönetimi A.Ş. (18-49/767-372, 27.12.2018)
  • The Board authorized the acquisition of the sole control over CEVA Logistics AG by CMA CGM S.A. (19-02/6-3, 03.01.2019)
  • The Board authorized the acquisition of all of the shares of Esterline Technologies Corporation by Trans Digm Group Incorporated. (19-03/17-8, 10.01.2019)

Energy

  • The Energy Market Regulatory Authority (“EMRA”) Decision dated 14.03.2019 and numbered 8484 entered into force through publication in the Official Gazette dated 22.03.2019 and numbered 30722.
  • The EMRA Decision dated 21.03.2019 and numbered 8498 entered into force through publication in the Official Gazette dated 27.03.2019 numbered 30727.
  • The EMRA Decisions dated 27.03.2019 and numbered 8517 and 8518 entered into force through publication in the Official Gazette dated 01.04.2019 numbered 30732.
  • The EMRA Decision dated 04.04.2019 and numbered 8522 entered into force through publication in the Official Gazette dated 09.04.2019 numbered 30740.
  • The EMRA Decision dated 27.03.2019 and numbered 8505 entered into force through publication in the Official Gazette dated 10.04.2019 numbered 30741.
  • The EMRA Decisions dated 18.04.2019 and numbered 8546 and 8547 entered into force through publication in the Official Gazette dated 24.04.2019 numbered 30754.