Turkey Presents Law For Corporate Tax Cut
by Lorys Charalambous, Tax-News.com, Cyprus
02 November 2020
The Turkish Government has submitted a bill to parliament that would allow the president to reduce the rate of corporate tax by up to five percentage points.
Currently, corporate tax in Turkey is 22 percent, but the rate is due to fall to 20 percent in 2021.
The law would enable Erdogan to reduce the rate to as low as 15 percent.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- Back to VAT »
- Four Major Myths about Bridging Finance »
- Compliance Under Consideration »
- Ultimate Guide to Startup Valuation »
- Action on VAT »
- Corporate Taxes take Center Stage »
- Reporting, Rule Changes and Reversals… »
- Buying a Home at Auction: Key Questions and Considerations »
- Compliance Concerns Under Consideration »
- Securing Finance for Development Projects »