The rising dollar exchange rate and the resulting increased taxes have had a negative impact on many sectors. In particular, the price of electronic products, which are almost entirely dependent on imports, is increasing day by day. This reduces the availability of many devices from phone to computer.
However, according to the latest statement made by President Recep Tayyip Erdoğan, this situation is changing. Giving an example from an event he attended, Erdoğan announced that the Ministry of Treasury and Finance would make a regulation on taxes. Here are the details…
The first domestic plane, VECIHI K-6, met the skies 97 years ago today!
Turkey’s first domestic aircraft, VECIHI K-6, produced by Vecihi Hürkuş, made its first flight 97 years ago.
Will there be tax regulation on technological products?
Describing a memory of his trip to Trabzon in his post on Twitter, Erdoğan said, “One of our young people wanted an arrangement that would facilitate access to technology products. We will work with our Ministry of Treasury and Finance and hopefully we will take a step in this regard.” used the phrases.
Thus, the first signal was given that a regulation would be made regarding tax rates on technological products. Unfortunately, at the moment, it is unknown when the regulation will be ready and what exactly it will cover. However, it is expected that the reduction or complete removal of the SCT rate on technologies that everyone needs, such as telephones, will have a great impact on prices.
To give an example, the iPhone 13 model sold for 16,299 TL has a SCT rate of 4,605 Turkish Liras. The reduction in this rate is expected to be very beneficial to the labels. In the same way, if the tax reduction affects the computer and game consoles, it is quite inevitable that the market will move.
So what do you think about this subject? How do you think the tax cut announced by the President will be and what will it cover? You can share your views with us in the comments section and on the SDN Forum.