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Member Articles


Bank of Portugal Notice 2/2021 - Payment and Electronic Money Institutions

Bank of Portugal (BoP) Notice no. 2/2021 was published, defining the regulatory framework applicable to the activity of payment institutions and electronic money institutions, defining the regime applicable to payment in ...

Update on 2020 Income Tax Filings and COVID-19 Relief Programs

With a little less than three weeks left until the personal tax filing deadline, this is a good time to update our clients and colleagues on the status of tax filing and payment deadlines for the 2020 tax year. Unlike l ...

Basic Principles Regarding Public Offering

Author: Nezihe Boran Introduction Public offerings attracted a great deal of attention from companies and investors in the first quarter of 2021. Beyond any doubt, one of the biggest benefits of public offerings is tha ...

European Union Payment Services Directive and Its Effects on the Turkish Payment Systems Legislation

Author: Ozgür Kocabasoglu With the initial regulation of the European Union called Payment Services Directive numbered 2007/64/EC (“PSD1”), which entered into force on 01.11.2009, an efficient, fast, secure and com ...

Administrative Ruling That Readjusts Tax Unit to BS. 20,000.00

Administrative Ruling No. SNAT/2021/000023, issued by the Superintendent of the National Integrated Service of Customs and Tax Administration (Servicio Nacional Integrado de Administración Aduanera y Tributaria - “SEN ...

[Video] Finance Bill 2021: Notable Points for Businesses

On 11 March, the Finance Bill 2021 was published, ensuring a number of tax changes set out by the Chancellor in the Budget 2021 earlier will take effect from the start of the next tax year beginning in April 2021. In th ...

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