On 16 January 2014, the Republic Gazette published Law No. 2/2014 approving the corporate income tax reform and republishing the Corporate Income Tax Code accordingly. The law applies to tax years starting on or after 1 January 2014. The main amendments to the corporate income tax are summarized below.
(a) Reduction of statutory tax rates| - | Reduction of the statutory tax rate from 25% to 23%. | …