turkey alcohol tax

Loss of tourism contributed to the reduction of local alcohol consumption in 2016. Turkey's stiff alcohol taxes have led to rapidly rising prices for beer and the popular anise-flavored brandy raki. In June 2013, the GOT enacted sweeping legislation to amend its existing alcohol laws. Turkey … Turkey said on Tuesday it will not implement an automatic tax hike on alcohol and tobacco products in the first half of 2020, in a move expected to … A 70 cc bottle of rakı costs around 170 TL ($22), taxed 234% over the original price. Customs Duties and Taxes on Imports Customs threshold (from which tariffs are required) The Turkish Presidential Decree No. The surging taxes have reduced the volume of commercial alcoholic drinks sold in Turkey, with beer sales falling 10 percent between 2012 and 2016, and raki sales dropping by … In June 2013, the Government of Turkey (GOT) enacted sweeping legislation to amend its existing alcohol laws. The tax on the national favorite rakı, an anise-flavored spirit, has leapt by 443% in the past decade and the tax on beer by 365%. In addition to the June 2013 legislation, the GOT passed new labeling requirements for alcoholic products and increased the tax rates for alcohol and tobacco. Heavy taxes were placed on alcoholic beverages: between 2002 and 2009, the tax on beer rose 737%; in the following year, another 45%. Europe and Eurasia, Turkey On January 1, 2016, the Government of Turkey (GOT) announced increases to special consumption taxes, which include taxes on alcohol and tobacco. Similar high taxes were placed on wine and spirits. 1111, published and promulgated in the Official Gazette on 15 May 2019, completely abolishes the exemption threshold for imported products arriving in Turkey by post and fast shipping (with the exception of books or relevant publications). The high cost of alcoholic drinks is a concern for Turkey’s tourism industry and the sector is asking the government to reduce the consumption tax on alcoholic products. The surging taxes have reduced the volume of commercial alcoholic drinks sold in Turkey, with beer sales falling 10 percent between 2012 and 2016, and raki sales dropping by nearly a quarter, according to data from Turkey's tobacco and alcohol watchdog (TAPDK). A 70 cc bottle of rakı costs around 170 TL ($22), taxed 234% over the original price. Nowhere in the world are the taxes on alcoholic drinks higher than Turkey,” the KMO said. The tax on the national favorite rakı, an anise-flavored spirit, has leapt by 443% in the past decade and the tax on beer by 365%. Turkey's Islamist-rooted ruling AKP has imposed high taxes on alcohol. A bottle of rakı which cost TL9.15 in 2002 cost TL51 ten years later in 2012. Under President Tayyip Erdogan, a pious Muslim, tariffs on alcohol have increased steadily. 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