Untitled Document
Translation of Sectoral Announcement no 2007/21
Translation of Chain-Ladder Method Circular
Translation of General Conditions for Loan Insurance
There's no such thing as a free lunch or a free assistance rider!
Rent protection
Translation of Amendment to Life Regulations
Life Insurance Statistics - Haymer Guidelines for Completion of Tables
Islamic Finance Pension Product Launched
Whose fault? 2011 returns below inflation
Actuarial exam syllabus for 2012
Untitled Document population premium waiver 2012 Aegon Katılım Hayat ve Emeklilik death 2023 Islamic finance health Asya Emeklilik
Untitled Document
Company news
 
Nothing's certain except death and taxes

29/07/2016

Marion James, Istanbul

There may be some argument about who first said that the only dead certs are that both the angel of death and the taxman will come after you, but we all agree in the veracity of this claim.

Three of Turkey’s life and pension companies star in the “tax record-breakers” list for 2015 – a strangely Turkish affair which publicises who contributed the most to government coffers.
 
The list is dominated by banks and state companies, but there are a number of well-known industrial companies as well as names from the high Street on it. To enter the top 10 a company had to have a tax assessment of at least 274 million TL. 
 
Garanti Emeklilik stars at number 59 with a tax bill standing at 49,587,052 TL. 
 
Ziraat Hayat ve Emeklilik is at number 69 with 41,394,587 TL.
 
Allianz Yaşam ve Emeklilik manages to make it into the bottom part of the table at number 90 with 35,540,493 TL.
 
All of these fall way short of the highest taxpayer in the land – the Central Bank – with an eye-watering 2,350,350,777.
 
They are also very similar to the top 3 on the individual list – business-woman Semahat Sevim Arsel with 45 million, her brother the industrialist Mustafa Rahmi Koç with 44 million and Sarık Tara (from Enka and a good friend of #1 and #2’s father Vehbi Koç) with 36 million of taxes due.
 
Tags: taxation | Allianz | Garanti Emeklilik | Ziraat | 2015 |
Comments
No comments have been made on this article yet..
 

www.turkeyinsurance.info © Marion James 2014 All rights reserved.