On 16 July 2024, tax reform legislation was submitted to the Turkish parliament that includes, among other things, measures for the implementation of the Pillar 2 global minimum tax. The global minimum tax will be in line with the GloBE rules approved by the BEPS Inclusive Framework and will apply for fiscal years beginning on or after 1 January 2024, with initial returns due in 2025. The draft legislation also includes measures for a 10% minimum tax on domestic companies, as well as an increased corporate tax rate of 30% for companies carrying out public-private projects, such as infrastructure projects....