Will the Special Consumption Tax be abolished?

With the new year, an increase of 43.93% will be recorded as the revaluation rate for taxes and tax penalties. This step, which will bring an additional tax burden to citizens, has brought the Special Consumption Tax, which has been applied in Turkey since 2002 and is levied on many products, especially automobiles, back to the agenda. We asked a tax expert about the discussions regarding the abolition of the SCT.

Prof. Dr. Nuri Semih Öz, a faculty member at Ankara University, was the guest of presenter Abdurrahman Yazıcı on Haberler.com. When Yazıcı asked, "Will the SCT be abolished?" Prof. Dr. Öz reminded that the SCT has been in effect since 2002. Stating that one of the important tax revenues for the state is the Special Consumption Tax, Prof. Dr. Nuri Semih Öz continued his explanations as follows:

WILL THE SPECIAL CONSUMPTION TAX (SCT) BE ABOLISHED?

The abolition of the Special Consumption Tax cannot be considered because approximately 2 trillion lira in revenue is expected from this tax in 2025. We can say that the special consumption tax is applied somewhat excessively in Turkey. This tax is applied to petroleum, white goods, and even men's shaving products, and it is an important source of income for the state. This tax was implemented in Turkey in 2002. Its abolition is not really a possibility, or rather, it cannot happen; it is impossible.