16-06-2025
Turkey's ruling party proposes changes to tax applications for some vehicles in draft bill
ISTANBUL, June 16 (Reuters) - Turkey's ruling AK Party on Monday submitted a bill to parliament aiming to limit some tax exemptions and make changes to special consumption tax applications for certain vehicles, a draft of the law showed.
The bill proposes broadening President Tayyip Erdogan's authority to determine and change special consumption tax levels for motor vehicles according to engine size, range and battery capacity.
The proposed readjustments to the special consumption tax thresholds will not change the market prices of motor vehicles, the draft said.
