New Tax Reform with 33 Modifications and Increased Tax-Free Threshold
October 30, 2025
The new tax reform includes 33 changes and the removal of problematic provisions aimed at securing its approval in Parliament. The modifications aim for a fairer distribution of the tax burden, focusing on strengthening low and middle incomes. The tax-free threshold is increased, and tax rates for various income brackets are adjusted. The reform is expected to support the developmental prospects of businesses and public finances. Discussions in Parliament will begin at the end of November.