Taxation in Canada
Turkey's retail sales volume with constant prices fell 0.8% year-on-year in June, the Turkish Statistical Institute (TÜİK) announced on Aug. 14.
"In the same month food, drinks and tobacco sales increased by 3.0%," TÜİK said.
Excluding automotive fuel, non-food sales dropped 2.8%, while automotive fuel sales slipped 0.9% over the same period.
Apart from the reduction of the corporate income tax from 28 to 24 percent and the halving of the tax on dividends from 10 to 5 percent, the government's draft tax bill includes a number of other incentives aimed at encouraging entrepreneurship, attracting highly skilled workers in Greece and bolstering investment activity to accelerate growth.