Demirören Group refutes tax claims, assures all obligations met
Demirören Group Clarifies Tax Decision
Demirören Group has come forward to deny any association with a recent tax decision that was reported in the media. In a statement released by the group, it was made clear that the taxes in question were not linked to any subsidiaries of Demirören Group, but rather to the relevant public institutions.
Addressing the misleading information that was circulating, Demirören Group emphasized that they adhere to all tax regulations as stipulated by the law. The statement further highlighted that the group fulfills all its tax obligations within the legal framework.
Furthermore, the statement shed light on recent regulatory changes aimed at combatting illegal betting and gambling activities. As of January 2024, the games of chance tax was reverted to its previous level. This adjustment, coupled with an increased bonus rate, resulted in higher revenues being directed towards the public sector. In fact, the total revenues transferred to the public have seen a significant increase in real terms compared to the period when the games of chance tax was higher.
Demirören Group’s statement sought to set the record straight and clarify any misconceptions surrounding the recent tax decision. The group remains committed to upholding the law and contributing to the public welfare through responsible tax compliance.
