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Friday, October 25, 2019

Turkey considers doubling tax on foreign exchange sales | Ahval

Turkey considers doubling tax on foreign exchange sales
The Turkish government is planning to double a tax on foreign exchange sales that was reintroduced in May to bolster the embattled lira, news-site Habertürk reported on Friday. 

The ruling Justice and Development Party (AKP) submitted to parliament a new bill that proposes increasing the tax on foreign exchange transactions from 0.1 percent to 0.2 percent, Habertürk said.

More:Turkey considers doubling tax on foreign exchange sales | Ahval