OYAK General Manager Murat Yalçıntaş: 'Cutting Corporate Tax From 25% to 12.5% Will Push Producing Companies Toward New

OYAK General Manager Murat Yalçıntaş said reducing the Corporate Tax rate from 25% to 12.5% for companies that actually produce "will incentivise investment and employment, strengthen corporate financial structures and reduce borrowing needs." The tax measure passed by the Turkish parliament's Plan and Budget Commission applies the long-standing half-rate for IPO'd industrial producers at 12.5%; producing, publicly listed large companies are the direct beneficiaries.

Yalçıntaş highlighted that the cut is particularly important for large-scale, listed industrial producers and said the measure simultaneously supports investment, employment and the incentive to go public. Under the existing tax load, many private-sector firms had been postponing fresh capacity investments or financing them with bank credit; the halved tax rate opens space to fund capex from equity. For holding-and-group structures such as OYAK, this acts as a parameter change that lifts the efficiency of intra-group capital flows.

For the supply chain, the impact is three-layered: (1) prospects rise for fresh capacity investment in Türkiye's automotive, white goods, iron-and-steel, fertiliser and machinery sub-sectors; (2) integration into core Europe-U.S.-Asia supply chains in higher-value areas such as critical minerals, defence components and semiconductor packaging can accelerate; (3) tying the lower rate to public listing deepens capital markets and strengthens external funding options for supply chain investment. Türkiye's potential to be one of the magnet points of the nearshoring/friendshoring wave on the global supply chain map gets structural support from this tax measure.

Key Takeaways:
1. OYAK GM Yalçıntaş says cutting the Corporate Tax rate for producers from 25% to 12.5% will incentivise investment and employment.
2. The measure approved by the Plan and Budget Commission of the Turkish parliament directly applies to IPO'd industrial producers.
3. Halving the tax burden opens room for equity-funded capex; holding structures such as OYAK gain efficiency on intra-group capital flows.
4. Prospects rise for fresh capacity investment in Türkiye's automotive, white goods, iron-and-steel, fertiliser and machinery sectors.
5. Tying the lower rate to public listing deepens capital markets and strengthens external funding options for Türkiye's nearshoring/friendshoring supply chain investments.