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Turkey passes "wealth amnesty" law to lure back funds from abroad

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The Turkish parliament passed a "wealth amnesty" law late on Tuesday designed to lure back funds held abroad by affluent Turks without punitive taxes and fines. Under the legislation, Turks will pay just two percent on eligible funds, avoiding taxes that could otherwise reach 30-40 percent. They will also avoid…

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Click here to read the full story: VA Gazette

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