PHILOSOPHY OF THE NEW INCOME TAX LAW AND FISCAL POLICY

Abstract

The new income tax law was published in the Official Gazette of December 30, 1980, and has been widely discussed not only in various professional circles but also at a level almost in the public domain. For this reason, the objective of this work is not to describe the reforms implicit in this new law but rather to comment on the philosophy of the main reforms. This, in addition to helping us fully understand the new law, allows us to observe the trend of the current tax structure.