Turkey Sets Special Consumption Tax Rates for Electric Motor Vehicles

• Presidential Decision No. 7803 determines special consumption tax rates for electric motor vehicles in Turkey
• Special consumption tax rates are set at 10% for electric vehicles with engine power not exceeding 160 kW and a tax base not exceeding 1.45 million Turkish lira
• Special consumption tax rates are set at 40% for all other electric vehicles with engine power not exceeding 160 kW
• Special consumption tax rates are set at 50% for electric vehicles with engine power exceeding 160 kW and a tax base not exceeding 1.35 million lira
• Special consumption tax rates are set at 60% for electric vehicles with engine power exceeding 160 kW (no information on tax base)

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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