content tagged with taxes

New bill introduces corporate tax measures to increase revenue

New bill introduces corporate tax measures to increase revenue

A sweeping new bill will introduce new tax and fee increases for both businesses and individuals.

Turkey to hike departure fee 19 times in new austerity push, according to draft law

Turkey to hike departure fee 19 times in new austerity push, according to draft law

The government plans to collect about 380 million dollars in taxes assuming the number of international travelers remains consistent with the 8.7 million individuals who paid the fee last year.

Are employees carrying whole tax burden in Türkiye?

Are employees carrying whole tax burden in Türkiye?

Net monthly average salary an employee with gross wage of 20,000 Turkish lira receives is 13,650 lira in Türkiye. Difference is so high because such an employee is working for two months a year only for taxes.

9 November 2022 Hikmet Adal