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Turkish Ministry of Finance Announces New Tax Rate Increases – Esin Attorney Partnership

Naci Ağbal, the Ministry of Finance, has announced the following tax increases during the Medium Term Program meeting (2018-2020):  A new legislative proposal increasing corporate income tax from 20% to 22% for the finance sector will be submitted to the Turkish Parliament. Undistributed dividends will be subject to 1% withholding…

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Source: Turkish Ministry of Finance

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