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Turkiye: Turkish authorities introduces local content provisions for tax-exempt vehicles

Description

On 25 December 2024, the Turkish authorities approved Law No. 7537 introducing a local content incentive for vehicles eligible for purchase without Special Consumption Tax (SCT). Under this provision,...

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Intervention Details

Intervention Type

Localisation, nes

MAST Chapter

I: Trade-related investment measures

Implementation date

27 Dec 2024

Revocation date

27 Dec 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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