Politics
One of the Most Talked About Topics in Turkey Is Undoubtedly the SCT Rates Applied to Vehicles. So How Exactly Will This
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News summary
- Now, a critical change in Special Consumption Tax has been accepted in the omnibus bill proposal, which is being discussed in the General Assembly of the Turkish Grand National Assembly and which includes regulations regarding the lowest pension.
- With the new regulation, the "minimum fixed SCT" application for passenger cars and certain motorcycle categories has been officially added to the legislation.
- So how exactly will this system work?
One of the most talked about topics in Turkey is undoubtedly the SCT rates applied to vehicles. Now, a critical change in Special Consumption Tax has been accepted in the omnibus bill proposal, which is being discussed in the General Assembly of the Turkish Grand National Assembly and which includes regulations regarding the lowest pension. With the new regulation, the "minimum fixed SCT" application for passenger cars and certain motorcycle categories has been officially added to the legislation.
So how exactly will this system work? A minimum Special Consumption Tax of 100 thousand TL was introduced for automobiles and 30 thousand TL for motorcycles. Under normal circumstances, the Special Consumption Tax of vehicles is calculated proportionally based on the rates determined according to the base and technical characteristics of the vehicle.
In the newly introduced lower limit mechanism, when the calculated proportional tax amount is below the fixed limit determined by law, the minimum lump sum tax will directly come into play. Thus, it will be impossible for the SCT amount to be collected from vehicles within the scope to fall below the determined base level. Looking at the details of the accepted proposal, the minimum fixed SCT amount for passenger cars was determined as 100 thousand TL.
No matter how low the tax amount is as a result of the proportional calculation, at least 100 thousand TL SCT will be collected from these vehicles. On the motorcycle side, the minimum Special Consumption Tax amount will be 30 thousand TL. Electric motorcycles and scooters with engine power below 4 kW, tractors in class T and internal combustion engine vehicles in class L will be exempt from this lower limit application.
Source: Webtekno