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Duty of Making Rent Payments Through Bank Transfer or Mail Order Brought by Paper Nr. 268 on Income Tax

The explanations below are provided by the Paper Nr. 268 on Income Tax published on the Official Gazette on 29.07.2008. These explanations are about certification of residence or workplace rent payments and receipts through banks and post offices.
As of 01.11.2008, the duty to certify rent payments by means of documents to be drawn up by Banks or General Directorate of Post and Telegram Administration is brought

To those that have a rent income over YTL 500 for every resident in residential rents,
To landlords and lessees in workplace rents.

This way, landlords who …

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Recogniton And Execution Of Foreign Court’s Decrees

Commerce has been developing and bearing more importance in our age by means of the effect of globalization. Being indispensable for the economy and development of the countries , the problem concerning international trade is of great importance.
Recognition and execution of foreign court’s decrees is one of the most interested matters in commerce for the investors in our country. First of all, what is meant by execution must be explained. Recognition is one of the qualities of judicial decrees as a result of having absolute power, enable the substantial executions …