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Q2/2009 Legal Newsletter ready for reading!

Date: 30 July 2009

The latest quarterly Pekin & Pekin Legal Newsletter has been published. Outlining key developments in the past three months, the newsletter is an essential source of concise information for those outside of Turkey keeping track of legislative changes.

This quarter once again reflects the mood of the regulatory authorities in limiting damage caused by the turmoil in the global markets and the competitiveness of Turkish financial institutions. Continuing key themes are harmonisation with the EU and regulatory reform.

Pekin & Pekin Legal Newsletter


 

 

 
Ali Şanver illustrates most favourable Turkish tax structures in regional meeting

Date: 24 July 2009

This month saw the inaugural Lex Mundi International Tax Practice Group Europe/Middle East/Africa meeting. Held in Amsterdam the meeting gathered leading Tax partners from the global network to discuss the local tax regimes, corporate migration and how to combat tax losses. Ideas were exchanged and knowledge shared by the 24 member firms representing 19 jurisdictions that attended the meeting. 

Conference sessions:

Session 1: Current Tax Structures: Europe/ Middle East/ Africa and Asia/ Pacific

Session 2: Corporate Migration - Techniques and Tax Considerations

Session 3: How to Preserve Tax Losses and Any Other Tax Attributes During Turbulent Times

Ali Şanver represented Turkey, illustrating the most favourable tax structures across Europe and demonstrating the effects of double taxation treaties to which Turkey is a party. A focus point was the treatment of withholding tax under the different treaty provisions, and the impacts on dividend distribution, interest rates and capital gains.

Further information is available upon request and via the Lex Mundi website.


 
The Banking & Finance team contributes to the survey Security on Collateral

Date: 10 July 2009 

Publishers: Lex Mundi Banking & Finance Practice Group

Synopsis: As part of Pekin & Pekin's membership of Lex Mundi our lawyers are also members of multiple global practice groups, aimed at increasing and sharing knowledge throughout the jurisdictions. The Banking & Finance team contributed the Turkey section to the latest survey from their practice group.

Excerpt: The Bank Finance and Regulation Survey on Security over Collateral was conducted by members of the Lex Mundi Banking and Finance Practice Group... The survey presents jurisdictional overviews on security interests in general, the collateral which may granted as security and certain interesting effects in more than 50 jurisdictions around the globe to banks accepting collateral.

Contributors: Mete Yeğin, Ali Can Kolay, Gözde Çankaya, Fuat Tuaç, Sezin Akoğlu and Tunç Sözen: Banking & Finance

Download: Complete survey - see p406 for Turkey 


 
Ahmed Pekin receives award for highest tax paying lawyer

Date: May 2009

As Senior Partner of a successful corporate law firm, Ahmed Pekin is renowned for his status as a top taxpayer in Turkey. Over the years Mr. Pekin has featured in the top two taxpaying lawyers and 2008 was no different. Acknowledging his contribution to the Treasury's tax revenues, the President of the Tax Administration of Istanbul, Mehmet Koç, presented Mr. Pekin with an award.

Year

Position

2008

2

2007

1

2006

1

2005

1

2004

1

2003

1

2002

2

 

Related Links

Tax Administration of Istanbul


 
Gülnisa Coşkun provides Clifford Chance with labour law updates in Turkey

Date: April 2009

Publishers: Clifford Chance

Synopsis: Our Employment Law lead lawyer, Gülnisa Coşkun, provides Clifford Chance with the Turkey section of their guide “A Guide To Employment In Eurasia & The Middle East”.

Link: Please contact Clifford Chance

Contributor: Gülnisa Coşkun: Employment


 
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