The fight against informal economy continues at full speed while Minister of Treasury and Finance Mehmet Şimşek made a remarkable statement yesterday. Şimşek, who stated that financial audits are increasing for every sector and that they have no other option but to fight against informal economy, also revealed the instruction he gave to his staff for the first time. "I DON'T WANT TO MEET YOU ON CAMPUS""We will do whatever it takes to collect taxes from those who earn a lot and operate informally. They earn a lot and operate informally," said Minister of Treasury and Finance Mehmet Şimşek, "I warn those groups here, we will be constantly in the field. I told my colleagues, including senior executives. I don't want to see you at the Ministry of Finance campus anymore, I don't want to meet you. You will also be in the field, leading the teams in the field. Our goal is tax justice and efficiency, informal economy is the biggest injustice," he said. "IT WILL COVER THE BURDEN OF EYT IN THE BUDGET"While the cost calculation of EYT worries those waiting for gradual retirement, Minister Şimşek said, "Informal economy means low efficiency, low scale, disrepute, unfair competition, we will pursue this issue with great passion, we need to fix our budget. The impact of EYT next year is almost 1.2 trillion lira. This year it is 740 billion lira. It's done, there's no point in looking back anymore. We want to compensate for this by fighting against informal economy," he evaluated. "THEY MADE A BIG FUSS"Şimşek continued his words, "That's why if you pay attention to the latest data package, we reduced the exceptions, we imposed a minimum corporate tax of 15% on multinational companies, of course we protected the past rights of companies in Turkey, but from now on we imposed a minimum corporate tax of 10%. We didn't take any significant steps that would affect the citizens. Despite all the fuss, they made a big fuss over a draft that even I haven't seen. For us, fighting against informal economy is a must," he continued. "HIGH EARNERS WILL DEFINITELY KNOCK ON YOUR DOOR"Finally, Minister Şimşek said about the issue, "We will focus on all these issues. Mentioning a specific sector would lead to misunderstandings. All sectors, but especially informal sectors, high earners, the Ministry of Finance will definitely knock on your door," he said.
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