Özgün Law Firm

Özgün Law Firm

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Decree of the Council of Ministers Regarding the Redetermination of Some Ratios in Stamp Tax, Vat and Special Consumption Tax Published

Important amendments made through the Decree of the Council of Ministers No. 2017/9759 published in Official Gazette dated 3.2.2017 are as follows;

SAMSUNG CHIEF STAVES OFF ARREST, PROSECUTOR KEEPS CHASING

A South Korean court on Thursday dismissed an arrest warrant against the head of Samsung Group [SAGR.UL], the country's largest conglomerate, amid a graft scandal that has led to the impeachment of President Park Geun-hye.

LAWSUIT DEMANDS APPLE HOLDS ALL iPHONE SALES OVER TEXTING WHILE DRIVING FEATURE

Apple is facing a potential class action lawsuit for not implementing a technology that would prevent people from texting while driving.

TURKISH CITIZENSHIP TO FOREIGN INVESTORS

“Regulation Amending the Regulation on Implementing Turkish Citizenship Law” has been published in the Official Journal dated 12.01.2017 and entered into effect.

EX-BARCLAYS TRADER PLEADS GUILTY IN U.S. IN FOREX PROBE

A former Barclays Plc (BARC.L) trader pleaded guilty on Wednesday to U.S. charges arising from a global investigation into the manipulation of foreign-exchange prices at major banks, the U.S. Department of Justice said.

ISTANBUL ARBITRATION CENTRE OPENS ITS DOORS

A new arbitration institution opened its doors and has already started to register its cases in Istanbul.

HERE IS EVERY AIRCRAFT CARRIER IN THE WORLD

Only a handful of countries have aircraft carriers in their arsenals.

AUSTRIAN COURT REFERS FACEBOOK PRIVACY CASE TO EUROPEAN COURT

An attempt by Austrian privacy activist Max Schrems to have a data protection case against Facebook (FB.O) heard as a class action suit moved a step ahead on Monday when Austria's Supreme Court referred the question to the European Court of Justice.

ERDOGAN'S CHECKMATE CIA-BACKED COUP IN TURKEY FAILS, UPSETS GLOBAL CHESSBOARD

For Washington, Erdogan has proven to an unreliable ally at best, and a dangerous political manipulator at worst. So, as with so many leaders who came to be seen that way by the US political elites, he had to go.

Uber takes legal action over new rules in London

Uber has launched legal action against new rules in London such as written English tests for its drivers, in the latest battle between regulators and the car ride app which has faced bans and protests worldwide.

RECENT DEVELOPMENTS IN INVESTOR-STATE DISPUTE SETTLEMENT (ISDS)

In 2012, 58 new cases were initiated, which constitutes the highest number of known treaty-based disputes ever filed in one year and confirms that foreign investors are increasingly resorting to investor-State arbitration.

FRENCH FINANCE MINISTER RULES OUT GOOGLE TAX DEAL, MORE FIRMS COULD BE TARGETTED

France will "go all the way" to ensure that multinationals operating on its soil pay their taxes and more cases could follow after Google and McDonald's were targeted by tax raids, Finance Minister Michel Sapin said.