The Turkish government has recently published its proposed tax plans for 2016. The measures being considered are primarily aimed at simplifying and improving compliance, including:
- A new income tax regime that would apply for both individual and corporate taxpayers;
- Measures to reduce compliance costs and streamline tax dispute resolution;
- The introduction of a voluntary adjustments process with reduced penalties; and
- Measures to protect taxpayers' rights.
Measures are also being considere…