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Old 8th August 2017, 17:34   #1 (permalink)
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Imported phone tax increase

The tax stamp in Turkey has been hiked on mobile phone production and imports for allocation to the state broadcaster, the Turkish Radio and Television Corporation (TRT), with 4 percent added to the existing 6 percent tax stamp fee.

The decision comes as part of an attempt to overcome a 47 percent loss in TRTís revenue since July 1 due to a change in its energy sector allocations, state-run Anadolu Agency reported.

According to the new regulation, published in the Official Gazette on Aug. 8, the tax stamp for an imported mobile phone worth 1,000 Turkish Liras has been increased from 38.4 Turkish Liras, special consumption taxes and value-added tax (VAT) included, to 63.9 liras.

The tax stamp for computers with tuners, meanwhile, was decreased from 3 percent to 2 percent.

No change was made for other electronic products.

August/08/2017
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