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legal developments.
Rules and Procedures Established for Share Transfers by Preliminary Licence Holders in the Electricity Market
RULES AND PROCEDURES ESTABLISHED FOR SHARE TRANSFERS BY PRELIMINARY LICENCE HOLDERS IN THE ELECTRICITY MARKET The Energy Market Regulatory Authority (“EPDK”) published in Official Gazette No. 32688 dated 10/10/2024 an amendment to the Electricity Market Licensing Regulation (“Licensing Regulation”), requiring each direct shareholding change and…
Documentation Requirement Introduced for Receipts and Payments Relating to Commercial and Residential Rentals
The Income Tax General Communiqué (Serial No. 328) (“Communiqué No. 328”), published by the Revenue Administration of the Ministry of Treasury and Finance (“Revenue Administration”) in Official Gazette No. 32695 dated 17/10/2024, established procedures for documenting commercial and residential rental transactions and applying penalties for…