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115 new news items in the last 24 hours
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  2. International

The Turkish government has proposed new taxes that would bring in an additional $7 billion in revenue to cover the budget shortfall caused by the 2023 earthquakes.

Cristina Petrache
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14 June 2024, 15:01
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International
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The tax proposals mainly target companies and are an attempt to cover the budget deficit caused by lavish spending and the 2023 earthquakes. The plan represents the biggest tax reform in a generation and is part of an economic policy shift overseen by Treasury and Finance Minister Mehmet Simsek.

Sources

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Ziarul Financiar
Turcia se pregăteşte de cea mai mare revoluţie fiscală din ultimele două decenii: Erdogan vrea să taxeze corporaţiile cu 7 mld. de dolari, după ce economia a fost devastată de dezastre naturale şi inflaţie
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Economica
Turcia vrea să strângă şapte miliarde de dolari din taxarea companiilor - Economica.net
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Ziare.com
Erdogan pune la cale cea mai amplă reformă fiscală din istoria recentă a Turciei. Speranțe după declinul economic al ultimilor ani

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NEWS ON THE SAME TOPICS

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France proposes new taxes for non-EU companies to reduce national contributions to the EU budget. President Macron calls on Brussels to collect more revenue.
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Emmanuel Macron is looking for money in Brussels. France is requesting the introduction of new taxes at the European Union level to support the community budget.
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Turkey wants to enter the European SEPA payment area for faster and cheaper transfers with the EU.
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Poland intends to change the personal income tax system, benefiting 3.5 million taxpayers. At the same time, the corporate profit tax will be increased.
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The League, a member of the governing coalition in Italy, will propose a 5% tax for three years on the ten largest banks, to support public finances.
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EU member states are calling for the introduction of a tax on oil companies, as a result of their increased profits due to the war in the Middle East.
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