NEWSLETTER-2020-metin

455 LEGAL DEVELOPMENTS Important President Resolutions • The Resolution of the President dated 29.12.2019 and num- bered 1947 on the Determination of Default Interest Rate Regulated under the First Paragraph of Article 51 of Law on the Procedure for the Collection of Public Receivables num- bered 6183, to be Applied Separately for Each Month, As 1.6% was published in the Official Gazette dated 30.12.2019 and numbered 30994. This Resolution entered into force on 01.01.2020. • The Resolution of the President dated 02.01.2020 and num- bered 1994 on the Amendment to the Decision Regarding Determination of the Value Added Tax Rates to be Applied to the Goods and Services entered into force through publica- tion in the Official Gazette dated 02.02.2020 and numbered 30996 (bis). • The Resolution of the President dated 28.01.2020 and num- bered 2081 on the Amendment to the Re-determination of Special Consumption Tax Amounts to be Applied to Some Goods was published in the Official Gazette dated 29.01.2020 and numbered 31023. • The Resolution of the President dated 12.02.2020 and num- bered 2114 on the Approval and Application of the Invest- ment Program for 2020 was published in the Official Gazette dated 12.02.2020 and numbered 31037 (bis). • The Resolution of the President dated 25.02.2020 and num- bered 2151 on the Amendment to the Resolution on Veiled Income Distribution through Transfer Pricing was published in the Official Gazette dated 25.02.2020 and numbered 31050. • The Resolution of the President dated 29.02.2020 and num- bered 2178 on the Re-Determining the Special Consumption Tax for Certain Goods was published in the Official Gazette dated 29.02.2020 and numbered 31054.