Global Trade Alert
Global Trade Alert

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

Announcement

27 Dec 2024

In December 2024, the Turkish authorities increased the local content threshold for vehicles eligible for SCT exemption from 20% to 40%.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Dec 2024

Revocation date:

No revocation date

Updated: 27 Dec 2024
Localisation, nes In force

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 ...

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