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JUN 04, 2014 - Yahoo! News

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Turkey plans tax amnesty ahead of presidential polls

Turkish Prime Minister Tayyip Erdogan's ruling AK Party is planning a tax amnesty that could see billions of lira worth of unpaid taxes pardoned in the run-up to an August presidential election he is expected to contest. A draft bill discussed by parliament's planning and budgetary commission on Wednesday could raise renewed concern about political interference in Turkey's economic management. Erdogan has already faced criticism over his public entreaties to the central bank to cut interest rates. Government officials, who declined to be named because of the sensitivity of the ... Read More

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