Finance Ministry

Four modifications to tax bill

The tax bill was passed by the plenary of the Parliament on Thursday, which means that professionals will be taxed for the year 2023 in a presumptive manner.

The minimum presumptive amount comes to 10,920 euros, which after 12 years of operation can rise to €14,196.

Explanations from taxpayers

The tax administration will invite more than 20,000 taxpayers to explain how they are able to spend more than they earn in early 2024, as the extensive cross-checking of over 3.8 million taxpayers with declared incomes below 10,000 euros has led to the detection of discrepancies between incomes and expenses.

Türk Telekom mulls big tech investment with a foreign company: CEO

Türk Telekom is holding talks with a foreign company for an investment to develop new generation technologies, said Ümit Önal, its CEO.

This will mark a significant foreign direct investment and those tech products will be exported, Önal told a group of journalists without naming the potential foreign partner. But he said that the investment plans will be made public in two months.

MPs back tax evasion bill

Parliament has voted into law a Finance Ministry bill on measures to restrict tax evasion that introduces new regulations for freelancers and the self-employed.

All 158 MPs from ruling New Democracy voted for the bill in principle, while 140 voted against it.

Main opposition SYRIZA, PASOK and the Communist Party had requested roll-call votes in specific articles.

Ministry forms team to spot financial misconduct among influencers

In the wake of the high-profile arrest of Turkish influencer Dilan Polat and her husband on charges of money laundering and tax evasion, the Treasury and Finance Ministry has established a team to investigate social media figures.

The move comes as authorities intensify efforts to combat financial crimes within the influencer community.

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