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Tugba Kalafatoglu, President

Tugba KalafatogluPresidentTUGBA KALAFATOGLU AND ASSOCIATES What is a GLG Scholar?|GLG Scholar denotes Council Members with a CouncilRank(SM) in the top 20%.

Global Situation: Recent changes in FDI

July 5, 2006

Turkey to scrap tax for foreign investors | www.ft.com

Potentially, Turkey is an appealing country for global investors. But despite numerous advantages, Turkey has not received considerable FDI flows in the past decade.
With the changing economic and political settings in Turkey, there is now more room for global entrepreneurs and the corporate sector to take initiative.  Most importantly, negotiations with EU stimulates FDI inflows to Turkey. Now dropping the 15 per cent withholding tax makes Turkey more attractive  than ever for FDI.

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