Consumers Hit By Tax Increases In Turkey
by Lorys Charalambous, Tax-News.com, Cyprus
02 January 2014
The Government of Turkey has increased the amount of Special Consumption Tax imposed on passenger cars, tobacco and alcohol, as well as the Special Communications Tax on mobile phones. The hikes were announced in the country's Official Gazette.
The minimum tax on a packet of cigarettes has increased from TYR3.22 (USD1.5) to TYR3.75 (USD1.72), while the tax imposed on most alcoholic drinks has been increased by 10 percent. However, beer is subject to a 15 percent rise.
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