Young entrepreneurs in Turkey will be exempt from all taxes in the first three years of starting their business, the Finance Minister, Mehmet Simsek, said, CNN Turk reports.
According to the Minister, the Ministry will prepare the bill, after which it will be submitted to the parliament.
Under the bill, young entrepreneurs aged under 29 years will be entitled to tax benefits in the form of tax exemptions for the first three years of their operations, if they have not previously been engaged in business.
In addition, the ministry is going to prepare a new law on the facilitation of taxation of companies operating in the agricultural sector.
