TaxIncrease

Turkey's Bold Move: Boosting Taxes on Lira Deposits to Tackle Budget Deficit

14 days ago

In a significant economic shift, Turkey is set to increase taxes on lira deposits in a bid to curb its growing budget deficit. This decision, ahead of the upcoming elections, reflects the government's urgent need to stabilize the economy amid rising inflation and currency volatility.

France Announces Significant Tax Increases Targeting Major Companies: What You Need to Know

4 months ago

In one of the most significant financial moves to shore up government revenues, France is getting ready to impose tax increases on approximately 300 of the largest corporations in the nation. Announced by the French Prime Minister, this move is a major shift in fiscal policy for the country in its bid to plug budget deficits and put its economic house in order.