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14 June 15:01

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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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

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

Turcia vrea să strângă şapte miliarde de dolari din taxarea companiilor - Economica.net

Erdogan pune la cale cea mai amplă reformă fiscală din istoria recentă a Turciei. Speranțe după declinul economic al ultimilor ani

ȘTIRI PE ACELEAȘI SUBIECTE

International

Italy plans to collect approximately four billion euros from banks and insurance companies next year, through a package of measures included in the 2026 budget.

Economy

Spirits Romania has proposed to the authorities a reform of the excise duty for alcoholic beverages, estimating additional revenues of 3.6 billion lei by 2030.

International

Germany will record a budget deficit of over 140 billion euros by 2029, requiring spending cuts, despite optimistic forecasts regarding tax revenues.

International

The Italian government will impose a tax on postal packages under 150 euros from outside the EU, in order to protect the fashion industry from cheap imports.

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Turkey tax

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