Turkey floats new investment law including exporters' tax cut - Reuters

<a href="https://news.google.com/rss/articles/CBMitAFBVV95cUxOMUY2ZVJjWFYzajF5M3VyNTNjX2IzUTdyMHBnMVdSWmNFYWhjb2JSZGJqUVBfTFFPeDE5WjVZM3BrOHIyVnBwYmFNUFV2eTFnMkFLNVpvc2h4Zi1TaWFqeThib0M5bC10Q3E4OWlwc3lQWEQtdERXdlNQWHBMOUJzWS05MW9Cd1FLNXByb0p5b0Jhb1d5UnJUQml4aHcxS2F1SjlkUlMtbGI0eVd6aThSQV9CMkk?oc=5" target="_blank">Turkey floats new investment law including exporters' tax cut</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Turkey will reduce corporate taxes for exporters and offer new incentives to attract foreign capital, President Recep Tayyip Erdogan announced, aiming to boost competitiveness and narrow external imbalances.

President Recep Tayyip Erdoğan announced a series of tax incentives and reforms aimed at boosting investment and strengthening Turkey’s position as a global economic hub, including significant tax cuts for exporters and manufacturers.

The Turkish government is considering lowering corporate taxes for exporting companies from the current rate of 20%, according to people familiar with the matter, aiming to boost exports amid economic pressures.

Turkey is preparing a major fiscal incentive package that could grant foreign residents a 20-year exemption from tax on overseas income and capital gains, aiming to attract global wealth and investment.

President Recep Tayyip Erdoğan announced a comprehensive package of economic measures aimed at boosting investment, exports, and Turkey’s role as a regional financial hub, including cutting corporate tax to 9% for manufacturing exporters.

President Recep Tayyip Erdoğan announced a 20-year tax break on foreign-sourced income and earnings from companies managing overseas operations from Turkey, as part of a legislative package aimed at attracting foreign-held assets and corporate headquarters.