Minister Şimşek: In 2027, there is no increase in income, corporate tax, and VAT rates on our agenda

Turkish Treasury and Finance Minister Mehmet Şimşek said no increases are planned for 2027 in the general rates of income tax, corporate tax or value-added tax (VAT). The commitment signals continuity in Turkey's tax framework and rules out headline rate hikes for those three major levies in the 2027 budget cycle. The remarks matter for households and businesses planning investment and pricing decisions, and for investors gauging the durability of Ankara's fiscal and disinflation strategy. Watch for the 2027 budget and medium-term program for any offsetting revenue measures, such as base broadening or removing exemptions, that could accompany the unchanged headline rates.