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Turkey Preparing to Implement Pillar 2 Global Minimum Tax

|Proposed Changes|Turkey
Turkey

On 28 May 2024, the Anadolu Agency, a state-owned Turkish news agency, published an article regarding the Pillar 2 global minimum tax, including statements from Treasury and Finance Minister Mehmet Şimşek. According to Minister Şimşek, it is important to implement the global minimum tax in Turkey to avoid giving up taxing rights to other countries and the preparations for implementation have reached the final stage. Minister Şimşek also noted that certain investment incentives will be impact…

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