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April 10, 2019
Turkey announces new economic reform package with new set of tax reforms
On 10 April 2019, Turkey’s Treasury and Finance Minister Berat Albayrak announced a new economic reform package with a new set of upcoming tax policy changes.
Accordingly, under this package, Turkey will take steps to ensure fair taxation on higher income groups and steps that will have a minimum effect on inflation.
Minister Albayrak stressed the importance of a taxpayer-centered system, stating that through a taxpayer-friendly system, all processes would be optimized. Furthermore, Minister Albayrak announced plans of establishing a kind of economy that prioritizes high-added value, based on exports and technology.
Some highlights of the new economic reform package are:
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Kuzey Yeminli Mali Müsavirlik ve Bagimsiz Denetim A.S. Istanbul