Latest

Turkey Plans 9% Tax Cut for Manufacturing Exporters to Boost Investment and Growth

Turkey plans to cut manufacturing exporters’ tax to 9% as President Recep Tayyip Erdogan unveils a major reform package to boost investment, exports, and economic growth.

Global

Istanbul | April 25, 2026

Recep Tayyip Erdogan has announced that his government will soon introduce a comprehensive legislative package in parliament aimed at accelerating economic growth, boosting investment, and strengthening Turkey’s competitive edge in global markets

. At the core of the proposed reforms is a major tax incentive for exporters. The government plans to reduce the corporate tax rate for manufacturing exporters to 9%, a move expected to significantly support production, increase export volumes, and attract foreign investment into the industrial sector. Other export-oriented businesses are also likely to benefit from revised tax structures under the new framework. 

The upcoming bill is part of a broader economic roadmap focused on improving ease of doing business, simplifying regulatory processes, and positioning Turkey as a key regional hub for trade and manufacturing. Officials suggest the reforms will include investor-friendly measures, incentives for international companies, and policies aimed at long-term economic resilience.

The legislative package is expected to be submitted to parliament shortly, signaling Ankara’s intent to push forward with structural reforms amid evolving global economic conditions.

Related Stories

Latest Articles

  1. World Cup Visitors Face Hidden Heat Risk Around Dallas Stadium
  2. Bidar Contractor Alleges Misuse of Ram Mandir Donations, Names MLA and RSS Leader
  3. On the occasion of the auspicious Jyeshtha Pournami, a grand circumambulation of Indrakeeladri Hill was held.
  4. South Central Railway Expands Freight Network with Veldurthi's First Pig Iron Container Service
  5. Cricket Administration Seeks Legal Action Over Alleged Unauthorized Tournaments
  6. Astro Analysis: Tough July Ahead for PM Modi? Astrological Reading Points to Political Heat
  7. Global Pride Celebrations Unite Thousands in New York and Toronto
  8. Nalgonda Meeting Raises Questions: Did CM Revanth Reddy's Public Rally Fail to Draw the Expected Crowd?
  9. Old Gauri Khan Clip Goes Viral: Aryan's ‘I Am a Muslim’ Remark Ignites Fresh Religion Debate
  10. Fiancée’s Alleged Murder Plot Unravels: Lover Accused of Pushing Groom-to-Be Off Fort
Comments

Sign in with Google to comment.