Turkey Introduces Additional Taxes on Cars Imported from Non-EEA Countries
New tax obligations for passenger cars imported from countries that are not part of the European Economic Area and do not have a free trade agreement with Turkey have come into force.
According to a report by Ekonomim, cited by the Report news agency, these measures may lead to a reduction in the range of available car models, a decrease in the competitiveness of certain brands, and a revision of importers’ strategies.
“For gasoline and diesel vehicles, an additional tax of 25% or at least 6,000 dollars has been imposed. The same tax rate applies to hybrid models. For plug-in hybrids, the tax is set at 30% or at least 7,000 dollars, while for electric vehicles it is 30% or no less than 8,500 dollars.”
According to the publication, the tax regulation changes will increase the prices of some brands by more than 500,000 lira (about 12,000 dollars). These measures will affect vehicles imported from China, Japan, Mexico, South Africa, and other major suppliers to the Turkish market.
