Anadolu Hayat Rises on Turkey Pension Incentives Report
Anadolu Hayat Emeklilik AS (ANHYT), Turkey’s largest pension provider, rose to its highest since July after Milliyet newspaper reported tax incentives for corporate contributions to pension funds may be doubled.
Anadolu Hayat shares gained 1.8 percent to 4.04 liras at the close in Istanbul, bringing their weekly increase to 6 percent.
The government may propose increasing the corporate tax write-off to 20 percent from 10 percent, Milliyet reported, without saying how it got the information.
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