Cyprus-Forum.com

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Turkey's taxpayer number declining despite rise in population
Sunday, April 13, 2008; Posted: 06:09 AM 7 Stocks You Need To Know

ANKARA, Apr 13, 2008 (Xinhua via COMTEX) -- -- Despite an upward trend in Turkish economic growth for six consecutive years and a population increasing by nearly 1.2 million people every year, the number of taxpayers in Turkey is on the decline, local newspaper Today's Zaman reported on Sunday.

According to statistics provided by the Revenue Administration, the number of Turkish taxpayers decreased from 6.5 million to 6.1 million during 2003-2007. In the same period, however, the country 's population rose from 66.8 to 70.6 million.

Figures recalculated by the Turkish Statistics Institute ( TurkStat) show that Turkish economy grew by 5.3 percent in 2003, 9. 4 percent in 2004, 8.04 percent in 2005, 6.9 percent in 2006 and 4. 5 percent in 2007.

Despite positive developments, the number of taxpayers is falling, the report said.

The biggest decrease in taxpayer number was seen with respect to value-added tax (VAT) with number of Turks paying VAT dropping from 2.894 million to 2.273 million in the past five years.

http://www.tradingmarkets.com/.site/news/Stock%20News/1355390/

Suprised to see low figures such as those...That means way under 10% of the population pays tax...And with the low salaries it means the government intake is small...While I presume the pensions will probably out weigh the intake...Its no wonder the "turkish government=fascist state" has so much reliance on IMF funds...

Its a wonder how they keep on financing the "trnc"...Oh well IMF here we come...

PS...xxNilxxx before you accuse me of knowing everything about "turkey=fascist state", this report is from a "turkey=fascist state" newspaper...

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In the mean TAF is quite happy signing the population away with financing mega projects worth bilions upon billions...

Figure this one out

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I wonder if the "trnc"is following the same level of economics...because if they do the embargoes are the least of your worries...

Also if a solution is found to the Cyprus problem would these pracrices seize to exist or are the gcs gonna be the new cash cow for the tcs?

Just wondering

[zan]

Less tax...More money for the people.....Turkish people get richer..........Oh Dear!!!!! We are all doomed...Still looking for a scapegoat Boomers...



I hear another car bomb has gone off in the so called "RoC".....Any taxes collected on bombs in that fake state???Must be worth a mint I'd say!!!

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It seems you are having problems accepting truths straight form the horses mouth Zan...why is that?..Have you by any chance came to the conclusion that you know more than what the reporter is reporting?...Please enlighten us with your own figures...

Just for your information the turkish minister is in the US for further talks in establishing more credit, read borrowings, from the IMF...I wonder why?...again please enlighten us with your wisdom and knowledge...

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Cardif now active in Turkey
The insurance affiliate of BNP Paribas Group, provider of unemployment, credit cards, and individual loan protection products, Cardif became operational in Turkey. Yilmaz Yildiz, Director General and CEO of Cardif, said in a press conference that around 35 million people got into debts by using individual loans or credit cards in Turkey, credit cards and individual loan and credit cards volume ramped up 23 times in the last 5 years and reached approximately $70 billion.
Yildiz noted that a heavy rise is expected in individual loan volume in Turkey when compared to other countries. “20 per cent of the private consumption and onethird of the total loans given by the banks were by individual loans and credit cards in Turkey. A significant result of the rapid hike in credit card and individual loan volume is the rise in the rate of indebtedness of the individuals,” said Yildiz.
Mentioning that they are ready to undertake all the individual loan risks of Turkey, Yildiz said, “Based on surveys we conducted in 20 countries, 30 to 50 per cent of the loan repayment troubles results from unemployment, incapacity to work, and critical illnesses. While, as Cardif, we secure the repayment capacities of individual loan and credit card owners with our products, we also aim at contributing to stability of the finance sector.”
Cardif sales volume is around $29 billion as of the last yearend. The company manages a $163 billion worth of investment fund and has a customer portfolio of 45 million in 42 countries. Yildiz pointed out that they have faith in the future of Turkey and that this country bears a great potential for Cardif.
“TIME FOR NEW INVESTMENTS IN TURKEY’S FINANCE SECTOR
“Time has come for new investments in Turkey’s finance sector. As Cardif, we sail close to the wind and commence our activities with our companies, new products and services we established from scratch. Within the scope of our products and services, we throw our hats in the ring for all the individual loans and credit card risk of Turkey,” noted Yildiz. He also added that they will start a new era with products that would pay credit card and individual loan debts, bills, rents, and salaries when individuals are unemployed, unable to work, or get sick.

http://www.gozlemgazetesi.com.tr/index.php?option=com_content&task=view&id=1567&Itemid=115

Zan the economists your take on this as the people are getting richer by paying less tax is?....

[zan]

Cardif now active in Turkey
The insurance affiliate of BNP Paribas Group, provider of unemployment, credit cards, and individual loan protection products, Cardif became operational in Turkey. Yilmaz Yildiz, Director General and CEO of Cardif, said in a press conference that around 35 million people got into debts by using individual loans or credit cards in Turkey, credit cards and individual loan and credit cards volume ramped up 23 times in the last 5 years and reached approximately $70 billion.
Yildiz noted that a heavy rise is expected in individual loan volume in Turkey when compared to other countries. “20 per cent of the private consumption and onethird of the total loans given by the banks were by individual loans and credit cards in Turkey. A significant result of the rapid hike in credit card and individual loan volume is the rise in the rate of indebtedness of the individuals,” said Yildiz.
Mentioning that they are ready to undertake all the individual loan risks of Turkey, Yildiz said, “Based on surveys we conducted in 20 countries, 30 to 50 per cent of the loan repayment troubles results from unemployment, incapacity to work, and critical illnesses. While, as Cardif, we secure the repayment capacities of individual loan and credit card owners with our products, we also aim at contributing to stability of the finance sector.”
Cardif sales volume is around $29 billion as of the last yearend. The company manages a $163 billion worth of investment fund and has a customer portfolio of 45 million in 42 countries. Yildiz pointed out that they have faith in the future of Turkey and that this country bears a great potential for Cardif.
“TIME FOR NEW INVESTMENTS IN TURKEY’S FINANCE SECTOR
“Time has come for new investments in Turkey’s finance sector. As Cardif, we sail close to the wind and commence our activities with our companies, new products and services we established from scratch. Within the scope of our products and services, we throw our hats in the ring for all the individual loans and credit card risk of Turkey,” noted Yildiz. He also added that they will start a new era with products that would pay credit card and individual loan debts, bills, rents, and salaries when individuals are unemployed, unable to work, or get sick.

http://www.gozlemgazetesi.com.tr/index.php?option=com_content&task=view&id=1567&Itemid=115

Zan the economists your take on this as the people are getting richer by paying less tax is?....

Never mind Boomers.......Taking tourists away from rip off "RoC" and Greece has it's problems.......You should look to your own shores as to what this recession is gong to do to you and not worry about what is going on in Turkey...They have there ways and so do you......Honesty doesn't always pay....

[boomerang]

Cardif now active in Turkey
The insurance affiliate of BNP Paribas Group, provider of unemployment, credit cards, and individual loan protection products, Cardif became operational in Turkey. Yilmaz Yildiz, Director General and CEO of Cardif, said in a press conference that around 35 million people got into debts by using individual loans or credit cards in Turkey, credit cards and individual loan and credit cards volume ramped up 23 times in the last 5 years and reached approximately $70 billion.
Yildiz noted that a heavy rise is expected in individual loan volume in Turkey when compared to other countries. “20 per cent of the private consumption and onethird of the total loans given by the banks were by individual loans and credit cards in Turkey. A significant result of the rapid hike in credit card and individual loan volume is the rise in the rate of indebtedness of the individuals,” said Yildiz.
Mentioning that they are ready to undertake all the individual loan risks of Turkey, Yildiz said, “Based on surveys we conducted in 20 countries, 30 to 50 per cent of the loan repayment troubles results from unemployment, incapacity to work, and critical illnesses. While, as Cardif, we secure the repayment capacities of individual loan and credit card owners with our products, we also aim at contributing to stability of the finance sector.”
Cardif sales volume is around $29 billion as of the last yearend. The company manages a $163 billion worth of investment fund and has a customer portfolio of 45 million in 42 countries. Yildiz pointed out that they have faith in the future of Turkey and that this country bears a great potential for Cardif.
“TIME FOR NEW INVESTMENTS IN TURKEY’S FINANCE SECTOR
“Time has come for new investments in Turkey’s finance sector. As Cardif, we sail close to the wind and commence our activities with our companies, new products and services we established from scratch. Within the scope of our products and services, we throw our hats in the ring for all the individual loans and credit card risk of Turkey,” noted Yildiz. He also added that they will start a new era with products that would pay credit card and individual loan debts, bills, rents, and salaries when individuals are unemployed, unable to work, or get sick.

http://www.gozlemgazetesi.com.tr/index.php?option=com_content&task=view&id=1567&Itemid=115

Zan the economists your take on this as the people are getting richer by paying less tax is?....

Never mind Boomers.......Taking tourists away from rip off "RoC" and Greece has it's problems.......You should look to your own shores as to what this recession is gong to do to you and not worry about what is going on in Turkey...They have there ways and so do you......Honesty doesn't always pay....

So NO theories here then ha? ...can't say I ain't disappointed...

[zan]

Cardif now active in Turkey
The insurance affiliate of BNP Paribas Group, provider of unemployment, credit cards, and individual loan protection products, Cardif became operational in Turkey. Yilmaz Yildiz, Director General and CEO of Cardif, said in a press conference that around 35 million people got into debts by using individual loans or credit cards in Turkey, credit cards and individual loan and credit cards volume ramped up 23 times in the last 5 years and reached approximately $70 billion.
Yildiz noted that a heavy rise is expected in individual loan volume in Turkey when compared to other countries. “20 per cent of the private consumption and onethird of the total loans given by the banks were by individual loans and credit cards in Turkey. A significant result of the rapid hike in credit card and individual loan volume is the rise in the rate of indebtedness of the individuals,” said Yildiz.
Mentioning that they are ready to undertake all the individual loan risks of Turkey, Yildiz said, “Based on surveys we conducted in 20 countries, 30 to 50 per cent of the loan repayment troubles results from unemployment, incapacity to work, and critical illnesses. While, as Cardif, we secure the repayment capacities of individual loan and credit card owners with our products, we also aim at contributing to stability of the finance sector.”
Cardif sales volume is around $29 billion as of the last yearend. The company manages a $163 billion worth of investment fund and has a customer portfolio of 45 million in 42 countries. Yildiz pointed out that they have faith in the future of Turkey and that this country bears a great potential for Cardif.
“TIME FOR NEW INVESTMENTS IN TURKEY’S FINANCE SECTOR
“Time has come for new investments in Turkey’s finance sector. As Cardif, we sail close to the wind and commence our activities with our companies, new products and services we established from scratch. Within the scope of our products and services, we throw our hats in the ring for all the individual loans and credit card risk of Turkey,” noted Yildiz. He also added that they will start a new era with products that would pay credit card and individual loan debts, bills, rents, and salaries when individuals are unemployed, unable to work, or get sick.

http://www.gozlemgazetesi.com.tr/index.php?option=com_content&task=view&id=1567&Itemid=115

Zan the economists your take on this as the people are getting richer by paying less tax is?....

Never mind Boomers.......Taking tourists away from rip off "RoC" and Greece has it's problems.......You should look to your own shores as to what this recession is gong to do to you and not worry about what is going on in Turkey...They have there ways and so do you......Honesty doesn't always pay....

So NO theories here then ha? ...can't say I ain't disappointed...

What theory would you like Boomers......How about Turkey is about to fall apart and then you can attack us TCs and wipe us off the island for the last time and solve your problem in one go....Does that make you salivate enough to moisten the gap in between your dentures and your rotting gums???...You do ask some daft questions and then, even dafter, expect an answer.....


Here is another theory...Turkey will get super rich and then buy up all of Greece and then sink the lot into the sea.....Is that what you want to hear???


Give me a clue so I can make your day....Turkey doesn't seem to be panicking...why the hell are you.....You care about me that much daddy bear???

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No Zan a good solution is a for system where the cash economy disappears and replaced with plastic...I said it before that "turkey=fascist state" could do a lot better if she maintained accountability and collection of taxes...there are over 70 million people ffs...She should have been rich and not reliant on the IMF...

How about that for an honest answer Zan...