The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

PM Erdogan signals reduction in electronic communications tax.

PM Erdogan signals reduction in electronic communications tax. PM Recep Tayyip Erdogan signalled that the government considers reducing the tax on electronic communication services. Erdogan said that the government was studying on a plan that envisages reducing the tax on GSM services, fixed-line telephone services and internet services. The telecommunication board officials prepared a report and proposed reducing the special communication tax levied on the GSM services gradually to 5% from the current 25%, reported the daily Referans . At the first phase, the tax rate could be reduced to 15% and afterwards to 5%, officials from the telecom board told the daily. On a related note, transport minister Binali Yildirim said that the total number of GSM subscribers in Turkey exceeded 50mn, while the corresponding figure for fixed-line telephone services is 19mn.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree