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08
Nov
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How is the expropriation price determined?

According to the expropriation law, the state can expropriate real estate in private ownership on behalf of the public interest, provided that it pays for the real estate in private ownership, in order to provide public service. According to Article 1 of the Expropriation Law No. 2942, expropriation can be made to the land surfaces and their inseparable integrators, which are bounded and determined by means sufficient to separate the boundaries for the lands, and the rights recorded separately and permanently in the land registry. When determining the price, [...]
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01
Sep
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How to get Turkish Citizenship by Investment?

The conditions for acquiring Turkish citizenship through investment in Turkey have been changed with the latest amendment, according to the amendment, the necessary conditions for becoming a Turkish citizen through investment have been determined. A foreigner who fulfills any of the following conditions may acquire Turkish citizenship upon the proposal of the Ministry and the decision of the Council of Ministers: a) Realization of a fixed capital investment of at least USD 500.000 in the Economy [...]
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06
Jun
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Obligation of Joint Stock Companies to Have a Lawyer

Recently, Bar Associations have fulfilled the legal regulation and requested information from joint stock companies on whether they comply with the obligation to have a lawyer. Joint stock companies that do not have a lawyer face administrative fines and criminal complaints. According to Article 35/3 of the Law No. 1136 on Attorneys, companies with a capital five times or more than the amount of capital stipulated in the Turkish Commercial Code [...]
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03
Jun
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Inheritance Sharing - Elimination of Partnership

Heirs can divide the inheritance by agreement among themselves. In the event of a dispute between the heirs during the division, each heir may request that the division of the inheritance be carried out by the court through an inheritance division lawsuit. The right of each heir to certain inheritance property is determined. If the heir has not made a testamentary disposition, an application is made to the judge. There is no specific time requirement for filing this lawsuit. From the heirs [...]
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01
Jun
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Inheritance Sharing and Inheritance Evasion

Inheritance Sharing and Inheritance Evasion - Muris Muvazaası Muris Muvazaası Muris Muvazaası is a collusive transaction in which the heirs agree to create an appearance that does not conform to their real will and does not have any effect and result between them, with the aim of deceiving third parties. The most common situation encountered in practice is that the persons who will bequeath their assets, especially real estates, to someone they want before they die, in the presence of the title deed officer [...]
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05
Apr
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Not Knowing That Invoices Are Fake -Court of Appeal Decision

T.C. YARGITAY 11th Criminal Chamber Main: 2002/5109 Decision: 2002/6193 Date of Decision: 24.06.2002 OFFENSE AGAINST TAXATION PROCEDURE LAW NUMBER 213 SUMMARY: It was understood that the defendant used the invoices obtained from Ö... Ticaret for the goods and services received from other taxpayers, and the defendant's defense that “I did not know that the invoices were forged” was not acceptable [...] since the defendant did not receive the goods and services from Ö... Ticaret. Trade, the defendant's defense that “I did not know that the invoices were fake” is acceptable [...]
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