The Decree No. 2017/9759 for amending the tax rates of the special consumption tax (SCT), VAT and stamp duty on certain goods and transactions was published in the official gazette on 3rd February 2017. A zero per cent rate is set for household electrical appliances and white appliance (including air conditioners, refrigerators, deep freezers, water heaters, bath heaters, washing and drying machines, vacuum cleaners) until 30th April 2017. Additionally, 8 per cent rate is fixed for wooden and plastic furniture, armchairs and office furniture till 30th April 2017. The 8% VAT rate is set on houses built with construction permits obtained between 1 January 2013 and 31 December 2016 with a tax value between TRY 500 and TRY 1,000 per square meter. With effect from 3 February 2017, 18% rate is applicable for houses with a tax value of more than TRY 1,000 per square meter. According to Law No. 6502, the stamp duty rate on real estate sales preliminary contracts and real estate sales contracts is reduced to 0% from 0.0948% and it effects from 3rd February 2017.
Related Posts
Turkey approves agreement on exchange of GloBE information returns (GIR MCAA)
Turkey has approved the Multilateral Competent Authority Agreement on the Exchange of Global Anti-Base Erosion (GloBE) Information Returns (GIR MCAA), reinforcing its participation in the international framework supporting the global minimum
Read MoreTurkey ratifies GIR MCAA to enable automatic GloBE information exchange
Turkey’s Revenue Administration has announced the publication of Presidential Decision No. 11396 on 6 June 2026, approving the ratification of the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA). The GIR
Read MoreTurkey enacts law introducing sweeping corporate tax reforms, incentives
Turkey enacted Law No. 7582 on 4 June 2026, introducing a broad package of tax reforms, including a differentiated corporate tax system and expanded incentives for exports, production, and qualified service activities. The legislation also
Read MoreTurkey clarifies domestic minimum corporate income tax, REIT exemption rules
Turkey’s Revenue Administration has issued General Communiqué No. 25, providing detailed implementation guidance on recent amendments to the Corporate Tax Law introduced by Law No. 7524 and Law No. 7566. The Communiqué, published in the
Read MoreTurkey approves major tax package with corporate rate cuts, foreign income exemptions
Turkey’s Grand National Assembly (TBMM) on 21 May approved Law No. 7582, a broad legislative package containing tax and investment measures, which was first announced by the Turkish President in April 2026. The law introduces amendments to
Read MoreTurkey updates laws with new e-valuation rules, stamp duty relief and condominium reforms
Turkey has enacted Law No. 7579, adopted on 7 May 2026 and published in the Official Gazette (Issue 33261), introducing amendments to the Land Registry Law No. 2644, Stamp Tax Law No. 488 and Condominium Law No. 634. A key procedural change
Read More