"Turkish Parliament approves cut in corporate tax
Thursday, June 15, 2006
ANKARA - Reuters
Turkey's Parliament approved a cut in corporate tax to 20 percent from 30 percent late on Tuesday in a bid to lure more foreign investment and stimulate competition.
The move, first mooted last year, had been widely expected and the center-right government, which has a big majority in Parliament, insists they will not undermine Turkey's $10 billion IMF-backed economic program. "
More:Turkish Parliament approves cut in corporate tax - Turkish Daily News Jun 15, 2006
