Turkey to raise corporate tax to 25 percent in 2022

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Turkey to raise corporate tax to 25 percent in 2022

FILE PHOTO: A man walks towards the entrance of Istanbul, Turkey in the business and financial district of OzdilekPark Shopping Center on September 8, 2020. SANS FILE ITEM Murad Sezer On Friday, President Tayyip Erdogan submitted a draft bill to parliament that proposes increasing corporate tax in Turkey from 20% now to 23% in 2022.

The proposed draft also contains support for restaurant and café employees in April and May following the imposition of new restrictions aimed at curbing the spread of coronaviruses.

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