Day archives: January 1st, 2020

Tax Based On Nationality In Turkey – 1942

Tax Based On Nationality In Turkey

A new property tax (Varlık Vergisi) was approved by the Turkish parliament on November 11, 1942. It was proposed by then Prime Minister Mehmet Şükrü Saracoğlu. The stated idea was the establishment of an additional tax on the property of Turkish citizens to raise funds for the country’s defense should it enter WWII. Here, it …