REAL ESTATE TAXES

While selling or buying a real estate, it is always appropriate to know in advance some special provisions of Act of Taxes and Act of Fees in order to avoid any future dispute. Those who buy real estate shall check whether the real estate has any unpaid tax debt belonging to previous years. The price…

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DIVISION OF COMPANIES

Introduction The importance of the division of companies is raised up together with the growing up of the business environment. Company division can be defined as a way of returning to the main area of activity for companies which are departing from their main field. Besides this, if the owner of the company believes that…

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IMPROVEMENT PROJECT IN DEFERRAL OF BANKRUPTCY

Deferral of bankruptcy in general As many capital companies went in bankruptcy in the economic crisis of 2001 in Turkey, a need for a regulation to protect the economy of the country from bankruptcy in common of capital companies emerged. For this reason, in 2003 the article 179 of the Execution and Bankruptcy Law no.…

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