The Turkish government is working on a regulation to further lower corporate tax from the previously set level of 20% for next year, several reports said, in a move to revive the economy in the face of the coronavirus pandemic and encourage companies to boost employment and their turnovers
The corporate tax will be lowered and applied between 15% and 18%, Turkish media said, citing sources.
"Although there is no final decision made yet, there is work going on to reduce corporate tax further, lower than 20%," one of the sources, an official, told Reuters on Thursday.
ORTAKALAN