Turkey has no plans to increase tax on rich, PM says

Turkey has observed the negative side to levying more taxes on the rich in France and is not planning any shift in rates, but will only implement more inspections, Deputy Prime Minister Ali Babacan said in Davos yesterday. “There is still an unregistered economy. We will...
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E-mail article Print Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά Text

Turkey has no plans to increase tax on rich, PM says



Balkans.com Business News Correspondent - 25.01.2013

Turkey has observed the negative side to levying more taxes on the rich in France and is not planning any shift in rates, but will only implement more inspections, Deputy Prime Minister Ali Babacan said in Davos yesterday.

“There is still an unregistered economy. We will take better measures to find out those who earn well but do not pay taxes. The new regulations will facilitate the discovery of those who are engaged in the unregistered economy,” Babacan said during an interview with a Turkish broadcaster on the sidelines of the World Economic Forum meetings in the Swiss town, Hurriyet Daily News report.

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