Blog

Featured

Şimşek's 20-Year Corporate Tax Exemption: A Call to Google/Microsoft/Apple for IFC and HIT-30's \.5 Billion Data Center Push (May 2026)

On May 6, 2026, Treasury and Finance Minister Mehmet Şimşek made a direct appeal to global technology giants on TRT Haber: relocate your regional management centers to Türkiye. In the Istanbul Finance Center, companies that derive 80% of their revenue from abroad receive 20 years of 0% corporate tax; for non-IFC companies, a 95% reduction. In the same framework, the HIT-30 High Technology Investment Program targets a $10 billion digital infrastructure investment by 2030 with a $1.5 billion data center call and a $1.6 billion AI call. A field note with comparisons to Singapore, Netherlands, Ireland, and Dubai DIFC, in numbers.

0 comments 633 views