January 13, 2006 Türk-İş, the largest trade union confederation in Turkey reported that the new tax breaks for non-wage earners will result in wiping out the 3% gain the public workers were to receive later this year. In its report, Türk-İş stated that the new standard rate on income which will take affect was achieved […]
January 13, 2006
Türk-İş, the largest trade union confederation in Turkey reported that the new tax breaks for non-wage earners will result in wiping out the 3% gain the public workers were to receive later this year.
In its report, Türk-İş stated that the new standard rate on income which will take affect was achieved by raising the tax rates of the workers in the third and fourth quarters of this year.
Türk-İş also emphasized that the new rate adjustment will provide opportunities for large companies and global capital but was also against the provisions of the constitution. The report said, “Our constitution demands taxation proportional o income. The new income tax adjustments violate this and do not protect the low income earners. On the contrary, it extracts more tax from them.”
Source ANKA
MB.
