Turkey to Lower Taxes on Basic Foods to Fight High Inflation
President Recep Tayyip Erdogan says the government also expects companies to lower their prices by 7%.
Source: voanews.com
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Turkey to lower taxes on basic foods to fight high inflation
ISTANBUL (AP) — Turkey’s president announced on Saturday a 7 percentage-point reduction in taxes added to basic food supplies as the country faces rampant inflation. President Recep Tayyip Erdogan said value-added tax would be lowered to 1% from 8% on food purchases.
Source: apnews.com
Turkey Lowers Taxes on Basic Foods to Fight High Inflation
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
Source: aawsat.com
Turkey lowers taxes on basic foods to fight high inflation
ISTANBUL: Turkey s president announced a significant reduction in taxes on basic food supplies Saturday as the country faces rampant inflation and num...
Source: thepeninsulaqatar.com
Turkey lowers taxes on basic foods to fight high inflation
ISTANBUL (AP) — Turkey’s president announced a significant reduction in taxes on basic food supplies Saturday as the country faces rampant inflation and numerous protests over eroding living standards.
Source: lancasteronline.com