The excise tax on alcoholic beverages has been increased.

The decision regarding the minimum fixed tax amounts applied to certain goods and the special consumption tax rates, as well as the re-determination of the minimum fixed tax amounts, was published in the Official Gazette with the signature of President Recep Tayyip Erdoğan.

Accordingly, the rate applied for alcoholic beverages with an alcohol content of 22% or more by volume has been increased from 1.269,7257 to 1.428,4400. The rate for denatured ethyl alcohol and other alcoholic beverages obtained through distillation (excluding denatured ethyl alcohol regardless of the alcohol content) has also been raised from 1.269,7257 to 1.428,4400.