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Turkey's ruling AK Party proposes raising corporate tax to 25pc in 2021

  • The draft also envisages support for restaurant and cafe employees in April and May following the imposition of new restrictions aimed at curbing the spread of the coronavirus.
Published April 2, 2021 Updated April 2, 2021 08:04pm
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By Reuters
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ISTANBUL: President Tayyip Erdogan's ruling AK Party submitted a draft law to parliament on Friday that proposes raising corporate tax in Turkey to 25% this year from 20% now and then to 23% in 2022.

The draft also envisages support for restaurant and cafe employees in April and May following the imposition of new restrictions aimed at curbing the spread of the coronavirus.

Turkey's economy Turkey's GDP corporate tax

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