PUBLICATIONS

DEVELOPMENTS IN TRANSFER PRICING

The Law No. 6728 Amending Some Laws for the purpose of Improvement of the Investment Environment entered into force with the Official Gazette dated 09.08.2016 and numbered 29796 (the “Law No. 6728”) and the following matters in Article 13 of the Corporate Tax Law No. 5520 has been amended in order to overcome the problems that may be experienced in practice and to comply with the international legislation. 

RECENT AMENDMENTS ON CAPITAL MARKETS LEGISLATION

POTENTIAL RESTRICTIONS ON OTC DERIVATIVES

The draft law stipulating amendments to the Banking Act No.5411 (“Banking Act”) and a number of laws and decrees including the Capital Markets Law No.6362 (“Capital Markets Law”), which has been submitted to the parliament in October 2014 introduces a proposed new provision to the Capital Markets Law that has the potential to restrict the ability to conduct OTC derivatives.