ICOC/Avdagic: Tax burden on employment should be reduced in the medium term

İTO President Şekib Avdagiç made evaluations about the decision to apply 12 months premium and tax incentives for each worker to be recruited until the end of the year.

Avdagiç, in his assessment that the tax burden on wages is 5.1 points higher than the OECD, stated that they expect the 39.7 percent tax burden on employment to be reduced in the medium term and that they expect a monthly employment support of 75 liras to be enacted.

Foreseeing that there will be a rapid turnaround in the shopping and service sectors in particular, Avdagic said, “The exporter should not have any difficulties in accessing Eximbank loans. We strive to ensure that the gap between PPI and CPI is not reflected on the consumer. We need to bring down cost inflation, such as the employment tax burden.” made a statement.

2025 target in real estate sales to foreigners is 20 billion dollars

While the 1st Ordinary General Assembly of the Real Estate Overseas Promotion Association was held, the “Real Estate Exports 2025 Strategic Action Plan” was introduced within the scope of the meeting.

Speaking at the 1st Ordinary General Assembly meeting of the Real Estate Overseas Promotion Association (GİGDER), Avdagiç stated that GIGDER’s 20 billion dollar real estate investment target for 2025 is modest and said, “We aim to have a unit price of 250 thousand dollars in Istanbul for 2025. We are targeting a foreign investment income of 10 billion dollars by selling 40 thousand houses. made a statement.

Leave a Comment

Your email address will not be published. Required fields are marked *