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Turkey’s New Tax Law Draft: Key Changes in Income, Corporate, and Consumption Taxes

  • A draft law in Turkey proposes changes to tax exemptions and incentives, affecting R&D personnel and corporate tax reductions.
  • Amendments to special consumption tax structures for passenger vehicles are included.
  • Recent developments include a new investment incentive framework and updates to corporate tax implementation.
  • The government increased thresholds for collateral-free deferral of public debts and raised fixed stamp duty amounts.

Source: kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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