| 10-Aug-2007 | The analysis of an increase in withholding tax due to new CIT Code, withholding tax on dividends under local regulation and under DTT's, beneficial ownership and substance over form concepts and new DTT signed between Spain and Turkey. |
| 16-May-2007 | Communiquè No.1 of Corporation Tax Law 5520 clears way for interim dividend distribution. |
| 20-Mar-2007 | Ministry of Finance issued Communiquè 263 in order to eliminate the requirement that nonresident investors with income from securities submit tax residency certificates. |
| 15-Feb-2007 | On December 18, 2006, a new income tax treaty and accompanying protocol signed on May 11, 2005 between the governments of Portugal and Turkey entered into force. |
| 13-Feb-2007 | On February 5, 2007 a revised version of Draft Communiquè Serial No. 263 was published. The revised draft Communiquè provides that nonresident corporations, regardless of investment fund status, are not required to submit a Certificate of Residence to obtain %0 withholding tax rate. |
