Before the recent Presidential elections, many candidates and parties emerged with promises of tax-free smartphones and computers to the youth (students). The election process was completed and 12th President Recep Tayyip Erdoğan was re-elected. Now, the eyes of the youth have turned to the possible tax-free phone application.
When will students be able to buy tax-free smartphones and computers?
Recep Tayyip Erdoğan, who was re-elected as President, said that steps were taken for mobile phones, free internet and a youth bank for young people. “We will keep our promises to the youth.” said Erdogan, “Mehmet (Minister of Treasury and Finance Mehmet Şimşek) is working on mobile phone, free internet, youth bank.” said.
No exact price has been set for the time being, but it has been said that current taxes will be exempted and device prices will drop significantly. For example, it was stated that with the removal of the 18 percent VAT for laptop computers, the price of a 10 thousand TL device could decrease to 8 thousand 200 TL. Since the tax rates are higher for smartphones, it is estimated that the prices will decrease by approximately half with the tax exemption.
For example, it was stated that a phone worth 30 thousand TL could be offered for sale for approximately 14 thousand 999 TL for students. As a result, the details of tax-free smartphone and computer availability to students have not yet been clarified. However, it is stated that with the tax exemption, the prices will decrease and students can have these devices under more favorable conditions.