11 October 2016

Turkey expands scope of investment incentives

The Turkish Government has introduced amendments with respect to the investment incentive system through the Law Regarding Amendments on Certain Laws Aimed at Improving the Investment Environment, no.6728, promulgated in the Official Gazette dated August 9, and Law Regarding Amendments on Certain Laws and Legislative Decrees and Supporting Investments in Terms of Projects, no.6745, promulgated in the Official Gazette dated September 7. The scope of investment incentives is extended and additional tax benefits are provided by the respective amendments.

A Tax Alert prepared by Ernst & Young Turkey, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-1727

Document ID: 2016-1727