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Turkey Bill Sees Higher Corporate Tax on Banks, Finance Firms – Bloomberg Tax

March 25, 2022, 2:18 PM

Draft law submitted to parliament by lawmakers of ruling AK Party foresees 25% corporate tax on banks and finance industry firms, instead of the general 20% rate.

To contact the reporter on this story:
Firat Kozok in Ankara at fkozok@bloomberg.net

To contact the editors responsible for this story:
Onur Ant at oant@bloomberg.net

Selcan Hacaoglu

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