Although the size of Turkey’s unregistered economy has diminished in recent years, it remains a major challenge for the country’s policymakers. To address this issue, the Revenue Administration (RA) has developed a five-point action plan that aims to boost volunteer contributions, improve government auditing capabilities, strengthen the deterrent effect of sanctions,...
Over the course of 2011, Turkey saw a significant increase in deal transactions, both numerically and in terms of volume, and the outlook for the remainder of 2012 is very positive indeed. Some 74% of the deals in 2011, by value, involved foreign investors, representing a significant recovery from 2010, when only 36% of deals involved an...
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