Finance Minister Mehmet Şimşek stated that the additional fees to be collected through new proposal submitted to the parliament will be used for the construction of defence systems like Steel Dome, rather than reducing the budget deficit. The ruling Justice and Development Party (AKP) has introduced a controversial bill to the parliament that would require
Türkiye’s ruling Justice and Development Party (AKP) has introduced a controversial bill to the parliament that would require high-limit credit card holders to pay an annual fee to bolster the country’s defense industry fund. Under the draft legislation, credit card holders with limits of 100,000 Turkish lira ($2900) or more would be required to pay
The Ministry of Treasury and Finance published Türkiye’s top taxpayers list after 3 years on January 3, revealing that President Recep Tayyip Erdoğan’s son-in-law and Türkiye’s drone manufacturer Baykar’s chairman, Selçuk Bayraktar, has been the top taxpayer for three years in a row: 2020, 2021, and 2022. First of all, congratulations to Bayraktar. He became