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 amends withholding tax rules for nuclear construction projects
Turkey reduced the withholding tax rate on progress payments for nuclear power plant construction and repair work from 5% to 1% under Presidential Decision No. 11344 on 18 May 2026. The Decision amends withholding tax provisions under article 94
Read MoreTurkey signs income tax treaty with Zambia, raising total tax treaties to 107
Turkey’s Revenue Administration announced on 11 May 2026 that an income tax treaty has been signed with Zambia, bringing the total number of tax treaties concluded by Turkey to 107. The agreement was signed on 21 April 2026 during the Joint
Read MoreTurkey mandates e-document integration for next-gen payment devices
Turkey’s Revenue Administration has issued General Communiqué No. 593 on the Tax Procedure Law (TPL), introducing the final procedures and principles for issuing electronic documents (e-Documents) through new generation payment recording devices
Read MoreTurkey: Draft omnibus law introduces 12.5% corporate tax rate for domestic producers
Turkey's Planning and Budget Commission of the Grand National Assembly has approved a draft omnibus law that would establish a significantly reduced corporate tax rate for domestic manufacturing and agricultural producers, marking a major shift in
Read MoreGabon: Council of Ministers approves income tax treaty with Turkey
Gabon's Council of Ministers approved the income tax treaty with Turkey on 30 April 2026. Signed on 3 March 2024, the agreement applies to various Gabonese taxes, including individual income tax, corporate tax, minimum flat-rate tax,
Read MoreTanzania, Turkey sign income tax treaty
Tanzania’s Ministry of Finance has announced that it has signed an income tax treaty with Turkey on 4 May 2026. This follows after the second round of negotiations regarding the conclusion of a double taxation avoidance agreement between Turkey
Read More