A draft law has been submitted to the Turkish Parliament
for amendment in some laws and regulations with the primary purpose
of enhancing the investment environment in Turkey.
Abstract
The draft law proposes significant amendments in the current
laws and regulations by introducing additional exemptions and
incentives for taxpayers as well as regulating the use of certain
financial instruments and company law provisions. The requested
revisions can be taken as positive signs for Turkish
Governments' intention to enhance the investment environment
and increase the country's potential for attracting further
investment.
The law proposes changes in various fiscal laws currently in
force. We would like to draw attention to the some of the key
changes proposed by the draft law, which could be of higher
interest for multinational investors.
