Deniz Yavuzyılmaz reveals massive tax break granted to Russia: 'No funds for retirees, plenty of money for Russia'

CHP Deputy Chairman Deniz Yavuzyılmaz has exposed a massive tax break granted by the AKP to Russia, using documents to highlight the contrast with the government's claim that it cannot find funds for retirees.

Don't leave your news choices to an algorithm - decide for yourself what you read. Add 12punto to your preferred sources!

Deniz Yavuzyılmaz reveals massive tax break granted to Russia: 'No funds for retirees, plenty of money for Russia'

While the inadequacy of the pension increase provided by the AKP remains a hot topic, CHP's Yavuzyılmaz has made a striking post. Known for his evidence-based statements and for highlighting massive expenditures coming out of citizens' pockets, Yavuzyılmaz has now exposed a massive tax break granted to Russia with supporting documents.

Criticizing AKP figures who draw attention with statements like 'We are aware of the retirees' situation,' CHP Deputy Chairman Deniz Yavuzyılmaz addressed this issue in his documented statement. Starting his remarks with the phrase 'No funds for retirees, plenty of money for Russia,' Yavuzyılmaz said the following:

'No funds for retirees, plenty of money for Russia.

We have determined that the AKP has granted a massive tax break to Russia within the scope of the investment incentive provided for the Akkuyu Nuclear Power Plant project;

We have identified that a massive tax reduction has been implemented.

The amount of the tax break granted to Russia is:

9 Billion 819 Million Dollars

At the current exchange rate:

425 Billion Lira

This is what you call handing over money that wasn't given to retirees to a foreign country.

Here is the document.

Source: Ministry of Economy - Akkuyu Nuclear JSC Incentive Certificate