The OECD today opened a regional Centre focused on Global Relations in Istanbul, Turkey, creating a dedicated base for deepening co-operation with partner countries and helping them with policy guidance and technical support to build more inclusive and prosperous societies. The new OECD Istanbul Centre will be instrumental to help countries lay the groundwork for a sustainable post-COVID-19 recovery.
The COVID-19 crisis has hit Turkey’s people and economy hard, accentuating pre-existing challenges such as the low share of workers in formal employment and obstacles to firm expansion. Well-designed support to households and firms that is aligned with a return to macroeconomic stability, and reforms to improve competition and labour laws, institutions and business would help to build a lasting recovery, according to a new OECD report.
These country profiles focus on countries' domestic legislation regarding key transfer pricing principles, including the arm's length principle, transfer pricing methods, comparability analysis, intangible property, intra-group services, cost contribution agreements, transfer pricing documentation, administrative approaches to avoiding and resolving disputes, safe harbours and other implementation measures.
English, PDF, 369kb
The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in Turkey decreased by 0.9 percentage points from 24.0% in 2018 to 23.1% in 2019. Between 2018 and 2019 the OECD average decreased from 33.9% to 33.8%.
English, PDF, 1,702kb
Education Policy Outlook - country profile Turkey 2020