A new era in Special Consumption Tax (SCT): The President has been given authority

A new regulation, which includes a significant change to the Special Consumption Tax ( SCT ) system, has been passed into law by the Turkish Grand National Assembly. The amendments do not anticipate any price changes for automobiles, with the exception of 4x4 pickups.

However, the most striking aspect of the regulation is the new authority granted to the President . This means the President will now be able to set SCT limits without requiring any legal amendments.

Odatv.com