special consumption tax
- Turkiye
Turkiye Gasoline Prices Rise as Higher Refining Costs Outweigh Lower Crude Oil Prices
Gasoline prices are expected to rise by around ₺2.19 ($0.047) per liter overnight from Wednesday to Thursday, July 2, as…
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Turkiye Seizes Fuel Companies, Detains 27 in Major LPG Tax Fraud Investigation
Turkish authorities have seized six companies and appointed trustees to 10 others as part of an investigation into alleged tax…
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Turkiye Moderates SCT Hikes on Fuel, Tobacco, and Alcohol to Support Inflation Goals in 2026
Türkiye announced Thursday it’s keeping Special Consumption Tax (SCT) hikes on fuel, tobacco, and alcohol lower than usual for the…
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Turkiye’s Tax Overhaul Spurs Surge in Locally Made Car Sales, August Record Looms
A sweeping overhaul of Türkiye’s Special Consumption Tax (SCT) system at the end of July has flipped the country’s automotive…
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Turkiye hikes fuel tax by 6%, aims to control inflation
With the 5-month cumulative PPI since the last increase standing at 7.12%, the latest tax hike is below the index…
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Automatic price increase in gasoline, diesel and alcohol prices on January 3
According to the data announced by the Turkish Statistical Institute (TUIK), considering the 12-month averages as of November, consumer prices…
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Turkiye: Update on the SCT base of electric cars
The base threshold for electric cars with engine power below 160 kilowatts and subject to 10% special consumption tax was…
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Turkiye increases special consumption tax on gasoline by 200% in one day
Turkiye raised the special consumption tax (ÖTV) on petrol on July 16 to help to fund a 1.12 trillion lira…
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