Turkey Extends Tax Reliefs, Tax Discount on Lira Deposits

July 30, 2021, 4:45 AM

Turkey extends tax discounts for business rentals, food services. transportation until end of September, Treasury and Finance Minister Lutfi Elvan said in a Twitter post.

  • Turkey to extend tax advantage on lira deposit accounts until end of September, Elvan said in another post
  • NOTE: Turkey introduced tax reliefs to ease Coronavirus pandemic’s effect on businesses. Tax cut on lira deposits were also introduced to support the currency

To contact the reporter on this story:
Ugur Yilmaz in Istanbul at uyilmaz@bloomberg.net

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

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