Turkey Imposes 8% Tax on Yachts, Ending Luxury Exemption

Turkey Imposes 8% Tax on Yachts, Ending Luxury Exemption



Turkey Imposes 8% Tax on Yachts, Ending Luxury Exemption
Turkey has slapped an 8% special consumption tax on yachts, motorboats and other pleasure craft, ending a zero-rate exemption that had applied to luxury vessels.


www.bloomberg.com
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