Monday, September 03, 2007

Government prepares tax reductions scheme

"Government prepares tax reductions scheme The New Anatolian / Ankara 03 September 2007

Turkish Finance Ministry sources said government plans to reform the tax law and bring discipline to the unregistered economy will lead to hefty tax cuts.

A senior Finance Ministry official told The New Anatolian if the action plan on the unregistered economy can be put in place with the income tax reform, it could open the door to a much more ambitious income tax cut," he added. The official who asked not to be identified said the government aims to remove the injustices in the tax system and promote competitiveness. "

More:The New Anatolian