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Tax hike on alcoholic beverages dampens the spirit of Turkish nightlife

In a waterfront İstanbul neighborhood that once buzzed with cafe and pub life, there are now only empty tables after a nearly 50 percent...

Turkey raises tax thresholds for some vehicles: report

Turkey has stepped up price thresholds for a special consumption tax on vehicles with small combustion engines while adding more categories, the Official Gazette...

Turkey’s tax revenue from alcohol exceeded budgets of 7 ministries in 2020

Turkey’s ruling Justice and Development Party (AKP) earned TL 16.5 billion ($1.9 billion) from a special consumption tax on alcoholic beverages in 2020, which...

Turkey to make importing goods harder, minister says: report

Turkey will make it harder to import goods except for strategic products and those that cannot be produced domestically, Finance Minister Berat Albayrak was...

Turkey to act on e-commerce orders avoiding tax: finance minister

Turkey will take steps against international digital commerce packages that avoid taxes, Finance Minister Berat Albayrak said on Wednesday, in a move to support...

Turkey increases tax on e-books, stationery goods

Turkey has increased the value-added tax on digital publishing products and stationery goods to 18 percent from 1 percent, according to the Wednesday edition...

European rights court demands Turkey’s statement on cost of presidential palace

An application made by the Turkish Union of Engineers and Architects’ Chambers (TMMOB) Ankara office to the European Court of Human Rights (ECtHR) with...

Turkey’s largest media group Doğan sold to Demirören

The largest media company in Turkey, the Doğan Media Group, which has been harshly criticized for acting as a mouthpiece of the Turkish government...

Turkey is levying taxes on UN aid funds destined for the needy

Abdullah Bozkurt Although the Turkish government brags about how it has spent $30 billion on refugees, which many believe to be an inflated figure, it...

Gov’t reportedly excludes Gülen followers from across-the-board debt restructuring

The government has reportedly taken yet another step to segregate the Gülen movement from society with Finance Minister Naci Ağbal ordering tax offices to...

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