Regulation on Processing of Land Registry and Cadaster Data and Transactions to be Made in Electronic Media ("Regulation") has been published in the Official Gazette No.31860 and dated June 8,2022 by the Republic of Türkiye Ministry of Environment, Urbanization and Climate Change. The Regulation determines the principles and procedures regarding the online processing of the data in the central database of General Directorate of Land Registry and Cadaster and the transactions to be made in the electronic media. Land Registry and Cadaster System ("TAKPAS") means a service that allows the data kept in the central database to be shared with institutions and individuals, a system consisting of Web Land Registry or other interfaces determined by the General Directorate; "Recipient" means the person or institutions benefiting from TAKPAS; "General Directorate" means General Directorate of Land Registry and Cadaster, "Protocol" means the access protocol to TAKPAS prepared in accordance Turkish Personal Data Protection Law dated March 24, 2016 and numbered 6698 and signed with institutions requesting land registry and cadaster data, professional organizations in the nature of public institutions limited to their own business, legal entities operating in real estate-related matters.

Regulation on Security Investigation and Archive Research ("Regulation") (In Turkish) has been prepared based on Article 12 of the Security Investigation and Archive Research Law.

What are the confidential units and parts?

Confidential units and parts are units and parts of public institutions and organizations that create and store the "top secret" and "confidential" information and documents in accordance with the provisions of the Regulation on the Procedures and Principles to be Applied in Confidential Documents (In Turkish). Public institutions and organizations determine the confidential units and parts accordingly. However, of all public institutions and organizations; inspection and control units, personnel units, data processing units and private secretariat are considered as confidential units.

A declaration obligation has come into force with the General Communiqué No: 538 on Tax Procedure Law (In Turkish) for the internet advertisements.

With that Communique, the transactions would need to be declared within one month for the purchase, sale or rental of movable and immovable properties and goods and services by the intermediary service providers, social network providers and hosting providers, who mediate the publication of advertisements.

The below items would need to be declared to the Revenue Administration via the portal announced by the Ministry:

• Internet address or addresses where the service is provided,
• The amount and date of each transaction regarding the sales/rentals of movable, immovable, goods and services performed on behalf of the service providers, and the bank account information regarding the payments,
• Name, surname/title, citizenship number information and workplace address information of individuals or companies.

Communique Regarding The R&D and Design Support Law has been published on the 27.05.2022 dated and 31848 numbered Official Gazette.

Regarding The Income Tax Withholding Incentive

With the Law no: 7346, the regulations in force as of 12.10.2021 are as below:

The amendments on the Law no: 5746 (article 3) and Law no: 4691(temporary article 2) can be summarized as below:

The periods spent outside these centers or Zones are also considered within the scope of income tax withholding incentive, provided that