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Legislation - CottGroup Holistic Business Services

10February2023

Force Majeure Has Been Declared for Taxpayers in Earthquake Zone Until 31.07.2023

As of February 6, 2023, tax obligations of the taxpayers located in Adana, Adıyaman, Diyarbakır, Gaziantep, Hatay, Kahramanmaraş, Kilis, Malatya, Osmaniye, Şanlıurfa provinces affected by the earthquake between 06.02.2023 and 31.07.2023 have been postponed.

Force majeure has been declared for taxpayers in earthquake zone until July 31, 2023.

Author Selma Kıy, Category Taxation Law

07February2023

State of Emergency Declared for the Earthquake Area

The President declared a state of emergency for 3 months for the 10 provinces affected by the earthquake.

The President said that:

Author Erdoğdu Onur Erol, Category Presidential Decision

03February2023

Communiqué on Supporting the Foreign Currency to TL Conversion of Companies

Communiqué on Supporting the Foreign Currency to TL Conversion of Companies (2023/5) has been published in the Official Gazette No. 32085 on January 26, 2023 and entered into effect.

The purpose of the Communiqué is to regulate the procedures and principles regarding the support to be provided to the companies in case the foreign currency of the companies is sold to the Central Bank and converted into Turkish Lira deposit and participation accounts.

Author Selma Kıy, Category Taxation Law

01February2023

Explicit Consent and Blanket Consent Concepts

Conditions for the processing of personal data are regulated various fields in Turkish Law. First of these, article 20 of the Constitution of the Republic of Türkiye, titled "Privacy of Private Life" states that "Personal data can only be processed in cases stipulated by the law or with the explicit consent of the person." statement is included.

In addition to the Constitution, in article 5 of the Turkish Personal Data Protection Law ("KVKK") No. 6698, titled "Conditions for Processing ofSpecial categories of personal data" and in article 6 titled "Conditions for the Processing of Sensitive Data". However, while auditing the compliance of the data processing activity with the law, article 4 of the KVKK titled "General Principles" should also be taken into account.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Personal Data Protection Law

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