Turkish House of Representatives receives edits of the Tax Procedures Law

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The AK Party deputies submitted a bill to amend the Tax Procedures Law and some laws to the Presidency of the Council.

The 65-article bill brings tax exemption to small traders.

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Accordingly, taxpayers whose annual turnover is less than 240,000 liras will be exempted from income tax, in which case there are nearly 900,000 merchants.

The offer also provides easy tax payment for those who make money online.

These people will also open a bank account to pay the tax on the ads they receive on social media.

They will pay their taxes by withholding at the source without filing a return.

With the proposed law, the tax deduction for agricultural subsidies to farmers was abolished.