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Turkiye: Turkish authorities increases local content threshold for tax-exempt vehicles

Description

On 27 December 2024, the Turkish government issued Presidential Decree No. 9321, raising the local content threshold for vehicles eligible for Special Consumption Tax (SCT) exemption to 40%. Under thi...

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Intervention Details

Intervention Type

Localisation, nes

MAST Chapter

I: Trade-related investment measures

Implementation date

27 Dec 2024

Revocation date

No revocation date

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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