"Austerity in the public", "factory sales", "sale of assets" and "raise" came out of the Medium Term Program announced by Finance Minister Naci Ağbal. "We have done this arrangement considering the needs of the country" for the MTV hike, he said, adding that "as needed we will increase the amount of money going into the sale of more assets next year."
SOME FACTORY SALES STARTED
Emphasizing that they will increase their privatization revenues next year, not only in their income taxes, Ağbal also stated that they will increase their entry into the budget by going to the sale of more assets next year and evaluate immovables that are in the idle state of the public sector. "We are starting some factory sales. The Privatization Administration will go on sale of more assets. With that I will record income to my budget," he said.
Agbal announced that they will increase their entry into the budget by going "more asset sales" next year. He also said that 27 percent of the income tax rate paid in the third tranche was raised to 30 percent.
THE COUNTRY NEEDS OF SALES RAPIDLY
Ağbal stated that the last hikes were spent considering the needs of the country. "If we did not make arrangements, MTV would increase by 15 percent next year. We have made legal arrangements and we have created a new tariff. 'This is the statutory tariff,' he said.
Finance Minister Ağbal, "These figures are figures according to this. There is an increase in the numbers compared to the previous ones. Someone who pays 500 pounds this year will pay 575 pounds next year. Now we call our citizens 700 pounds. It used different "expressions" for everyone.
The Minister of Finance Naci Agbal answered the question regarding the price hike and the arrangements made, "We have done this arrangement considering the needs of the country. There is such a need now. Maybe our citizens will pay a little extra tax. We will be much more careful in the public and we will take our expenses down a lot. " Emphasizing that they will increase not only in income taxes but also in privatization revenues next year, Ağbal announced that they will increase their entry into the budget by going on sale of more assets next year.
Finance Minister Naci Agbal answered journalists' questions during the Istanbul Finance Summit (IFS 2017). Stating that some municipalities are making very serious increases in the real estate tax, Agbal said that they are working as the Finance Ministry and that real estate tax can be increased by 50% next year. In 2017, a taxpayer who will pay 1,500 liras for the real estate tax will be able to claim up to 2,250 liras for the same place next year. He noted that they are making a big mistake.
"THIS VERY COMPLEX BIAR TAXATION SYSTEM"
Commenting on a reduction in Special Communication Tax (ÖİV), Ağbal reminded that 25 percent of the calls made on mobile phones, 15 percent on fixed telephones and 5 percent on the internet and 5 percent on the internet were taken. "This is a very complicated tax system . You are looking at the invoice for 3 different tax rates ... We wanted to simplify the tax system and reduce the tax burden on our citizens by negotiating with the sector here. We reduced the rates, which were 25 percent and 15 percent, to 7.5 percent. Our citizens will now pay less tax on phone calls or fixed phone calls."