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Turkey: Presidential Decree Extends COVID-19-Related Dividend Payment Limit by Three Months

(Oct. 7, 2020) A presidential decree published in Turkey’s Official Gazette on September 18, 2020, extended by three months the term of a rule that temporarily limits the amount of profits that companies can pay out to shareholders as dividends. The rule was included in the Turkish Commercial Code (TCC) on April 17, 2020, as […]