While taxes account for more than half of automobile prices in Turkey, what is the situation in the world? Let’s take a closer look at the taxes levied on automobiles in the countries of the world.
While automobile prices continue to rise in our country, a large share of current prices consists of taxes. Especially Special Consumption Tax (SCT)puts a great burden on the shoulders of those who want to buy a car.
Well, European countries abroad and various in other countries How much tax do people who want to buy a new car pay? In this content, we take a closer look at the taxes levied on automobiles in some countries.
First, let’s look at the taxes collected from automobiles in Turkey:
- SCT:
- tax free price
- Tax-free price 120-150 thousand TL: 50%
- Tax-free price 150-175 thousand TL: 60%
- Tax-free price 175-200 thousand TL: 70%
- Tax-free price over 200 thousand TL: 80%
- VAT: 18%
Taxes on automobiles in other countries (combustion engine, passenger car):
| Country | VAT | Other |
|---|---|---|
| Austria | 20% | Minimum 16%, maximum 32% tax based on CO2 emissions |
| Germany | 19% | Registration fee (26.30 euro) |
| France | 20% | Registration fee (varies by region, minimum 27 euro, maximum 51.20 euro) + variable fee per CO2/g (0 euro for 127g and below, 40 thousand euro for 224g and above) |
| Holland | 21% | CO2 emission tax (1 euro for 1-84g, 448 euro for 169 and above) |
| Greece | 24% | Minimum 4% (14 thousand euro and below), maximum 30% (30 thousand euro) registration tax + minimum 0.95% (130g/km), maximum 2% (325g/km and above) on the net sales price ) CO2 tax |
| Denmark | 25% | Minimum 25% (up to DKK 65,800), maximum 150% (DKK 204,600 and above) on the net selling price |
| Luxembourg | 17% | 50 euro registration stamp |
| Romania | 19% | 40 Romanian Leu (8.10 euro) registration fee |
| Spain | 21% | Based on CO2 emission, maximum 14.75% (200g/km and above) |
| Sweden | 25% | No additional registration fees. |
| Chinese | 16% | 15% customs duty, 1%-40% consumption tax depending on engine capacity |
| South Korea | 10% | Consumption tax 5% + Consumption tax 30% + 7% purchase tax + government bonds (under 1000 cc exempt, 9% up to 1.600, 20% over 2000 cc) |
| United Kingdom | 20% | No additional taxes. |
| USA | determined by the state government local in addition to tax taxation is applied, some states have no VAT at all. eg. 9% in New York (4% state tax + 5% local tax) |
Registration fee (varies by state, $2,210 total for California) |
- Source: European Automobile Manufacturers Association
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