In line with the 15th Action Report within the scope of the Base Erosion and Profit Shifting Project (the “BEPS Project”) conducted by the Organisation for Economic Co-operation and Development (the “OECD”), the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the "Convention"), stipulating amendments to the double taxation agreements has been signed by 68 countries including Turkey on 7 June 2017.

While Coronavirus (“Covid-19”) is still affecting the world essentially, retail industry, as one of the most deeply affected fields in the commercial world by the reflections of the pandemic, should also be careful to pass their plans through the legal filter, in order to protect the health of employees, to satisfy customers and to get over this Covid-19 period with the least possible losses.