Recent Keynotes of May 2023

International Agreements

• The Resolution on the Approval of the Annexed Amendment Letter Regarding the Separate Agreement on the Financing Agreement between the Ministry of National Education of the Republic of Turkey and the German Development Bank (KfW) on the Clean Energy and Energy Efficiency Measures Project dated 19/3/2018 (Resolution No: 7158) entered into force through its publication in the Official Gazette dated April 25, 2023 and numbered 32171.
• The Resolution on the Approval of the Agreement on the Establishment of Simplified Customs Line between the Governments of the Organization of Turkic States (Resolution No: 7237) entered into force through its publication in the Official Gazette dated May 9, 2023 and numbered 32185.

Resolutions of the President

• The Resolution on the Periods that the Personnel Working in Technology Development Zones and R&D or Design Centers can Spend Outside the mentioned Zones and Centers to be Subject to Income Tax Withholding Incentive (Resolution No: 7103) entered into force through its publication in the Official Gazette dated April 20, 2023 and numbered 32169.
• The Resolution Amending the Resolution on Additional Financial Obligation on Coal Imports (Resolution No: 7109) entered into force through its publication in the Official Gazette dated April 20, 2023 and numbered 32169.
• Turkish Food Codex Regulation on Nutrition Declarations entered into force through its publication in the Official Gazette dated April 20, 2023 and numbered 32169.
• The Regulation on the Use of Health Declaration in Food and Food Supplements is published in the Official Gazette dated April 20, 2023 and numbered 32169.
• The Resolution on the Application of the Exemption in the Fourth Paragraph of the Provisional Article 14 of the Corporate Tax Law No. 5520, also with respect to the Foreign Currencies in the Balance Sheets of the Corporations as of 31/3/2023 (Resolution No: 7165) entered into force through its publication in the Official Gazette dated April 25, 2023 and numbered 32171.
• The Resolution No. 193 on the Amendment to the Resolution Annexed to the Resolution of the Council of Ministers dated 12/1/1995 and numbered 95/6430 on Taxpayers Taxed in Simple Procedure According to the Income Tax Law No. 193 (Resolution No. 7166) entered into force through its publication in the Official Gazette dated April 25, 2023 and numbered 32171.
• The Resolution Amending the Import Regime Resolution (Resolution No: 7167) entered into force through its publication in the Official Gazette dated April 25, 2023 and numbered 32171.
• The Resolution on the Determination of Those Who Will Benefit from Certain Goods and Services Produced by Public Institutions and Organizations Free of Charge or at a Discount (Decision No: 7168) entered into force through its publication in the Official Gazette dated April 25, 2023 and numbered 32171.
• The Regulation Amending the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers entered into force through its publication in the Official Gazette dated April 29, 2023 and numbered 32175.
• The Resolution on the Prices and Periods to be Applied for Electricity Generation Facilities Based on Renewable Energy Resources with YEK Certificates to be Entered into Operation between 1/7/2021 and 31/12/2030 and the Updating of the Prices ( Resolution No: 7189) entered into force through its publication in the Official Gazette dated May 1, 2023 and numbered 32177.
• The Resolution Amending the Import Regime Resolution (Resolution No: 7186) entered into force through its publication in the Official Gazette dated May 1, 2023 and numbered 32177.
• The Resolution Amending the Resolution on the Implementation of Additional Customs Duty on Imports (Resolution No: 7187) entered into force through publication in the Official Gazette dated May 2, 2023 and numbered 32177.
• The Resolution on the Determination of Those Who Will Benefit from Certain Goods and Services Produced by Public Institutions and Organizations Free of Charge or at a Discount (Resolution No: 7222) entered into force through its publication in the Official Gazette dated May 3, 2023 and numbered 32179.

Legislation

• The Regulation Amending the Regulation on Duty-Free Sales Stores entered into force through publication in the Official Gazette dated 20 April 2023, numbered 32169.
• The Regulation on Nuclear Medicine Services entered into force through its publication in the Official Gazette dated April 25, 2023 and numbered 32171.
• The Regulation on Radiation Oncology Services entered into force through its publication in the Official Gazette dated April 25, 2023 and numbered 32171.
• The Regulation Amending the Regulation on Radiology Services entered into force through its publication in the Official Gazette dated April 25, 2023 and numbered 32171.
• The Regulation Amending the Regulation on Ground Handling Services at Airports (SHY-22) entered into force through its publication in the Official Gazette dated April 25, 2023 and numbered 32171.
• The Decree on Foreign Trade Capital Companies from the Ministry of Trade entered into force through its publication in the Official Gazette dated April 26, 2023 and numbered 32172.
• The Regulation Amending the Ports Regulation entered into force through its publication in the Official Gazette dated April 27, 2023 and numbered 32173.
• The Regulation Amending the Regulation on the Opening and Operation of Vehicle Inspection Stations and Vehicle Inspection entered into force through its publication in the Official Gazette dated April 28, 2023 and numbered 32174.
• The Communiqué on the Implementation of Surveillance in Imports (No: 2023/9) entered into force after being published in the Official Gazette dated April 28, 2023 and numbered 32174.
• 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 its publication in the Official Gazette dated April 29, 2023 and numbered 32175.
• The Regulation Amending the Regulation on the Trade of Second Hand Motor Land Vehicles entered into force through publication in the Official Gazette dated May 6, 2023 and numbered 32182.
• The Regulation on the Amendment to the Regulation on Legal Internship of the Union of Turkish Bar Associations entered into force through its publication in the Official Gazette dated May 9, 2023 and numbered 32185.
• The Communiqué (Serial No: 416) Amending the General Communiqué on National Real Estate (Serial No: 412) entered into force through publication in the Official Gazette dated May 10, 2023 and numbered 32186.
• The Regulation on the Amendment to the Regulation on Electrical Power Current Facilities entered into force through its publication in the Official Gazette dated May 11, 2023 and numbered 32187.
• Social Security Institution General Health Insurance Alternative Reimbursement Regulation entered into force through its publication in the Official Gazette dated May 12, 2023 and numbered 32188.
• Ship Registry Regulation entered into force through its publication in the Official Gazette dated 12 May 2023 and numbered 32188.
• The Regulation Amending the Regulation on Private Hospitals entered into force through its publication in the Official Gazette dated May 13, 2023 and numbered 32189.
• The Regulation on the Amendment to the Regulation on Private Health Institutions for Outpatient Diagnosis and Treatment entered into force through its publication in the Official Gazette dated May 13, 2023 and numbered 32189.
• The Regulation on the Amendment to the Regulation on Financial Reporting of Insurance and Reinsurance Companies and Pension Companies entered into force through its publication in the Official Gazette dated May 13, 2023 and numbered 32189.
• The Communiqué on the Amendment to the Communiqué on the Implementation Procedures and Principles of Emergency Services in Inpatient Healthcare Facilities entered into force through its publication in the Official Gazette dated May 13, 2023 and numbered 32189.
• Communiqué Amending the Communiqué on Securities Registration (No: 2023/11) entered into force through its publication in the Official Gazette dated 17 May 2023 and numbered 32193
• The Communiqué on the Principles Regarding the Partnerships whose Shares will be Traded in the Venture Capital Market (II-16.3) entered into force through its publication in the Official Gazette dated 18 May 2023 and numbered 32194.

Mergers and Acquisitions

• The Board authorized the acquisition of sole control of PHOTOMATH Inc. by Google LLC. (28.4.2023, 23-19/354-121)
• The Board authorized the acquisition of sole control of NuVasive Inc. by Globus Medical Inc. (28.4.2023, 23-19/362-124)
• The Board authorized the inclusion of SSR Mining Inc. in the joint control of Artmin Madencilik Sanayi ve Ticaret AŞ, which is under the joint control of Lidya Madencilik Sanayi ve Ticaret AŞ and Mariana Turkey Limited, through Alacer Gold Corp. (28.4.2023, 23-19/379-130)
• The Board decided that the acquisition of Serkan AYDIN's shares in Çiftay İnşaat Taahhüt ve Ticaret AŞ by another shareholder Sabit AYDIN is not subject to authorization. (28.4.2023, 23-19/376-BD)
• The Board decided that the acquisition of sole control of Akgirişim Müteahhitlik Müşavirlik ve Çevre Teknolojileri Sanayi ve Ticaret AŞ by Akkök Holding AŞ is not subject to authorization. (28.4.2023, 23-19/377-BD)

Energy

• The Resolution of the Energy Market Regulatory Board dated 04/05/2023 and numbered 11827 was published in the Official Gazette dated May 5, 2023 and numbered 32181.
• The Resolution of the Energy Market Regulatory Board dated 04/05/2023 and numbered 11835 was published in the Official Gazette dated May 5, 2023 and numbered 32181.
• The Resolution of the Energy Market Regulatory Board dated 11/05/2023 and numbered 11846 was published in the Official Gazette dated May 12, 2023 and numbered 32188.

Other Significant Amendments and Developments

• The decision of the Banking Regulation and Supervision Board dated 27/04/2023 and numbered 10585 is published in the Official Gazette dated 28 April 2023 and numbered 32174.
• Through the decision dated 15.02.2023 and numbered E. 2022/14 K. 2023/2 of the Council of State Board of Tax Appeals published in the Official Gazette dated 28 April 2023 and numbered 32174, it was decided that property taxpayers can file a lawsuit against the decisions of the appraisal commission for the determination of the minimum land and land unit values until the last day of the year in which the aforementioned decisions were taken.