Turkish gov’t cuts taxes on electronic goods, housing ahead of key referendum

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Turkish gov’t cuts taxes on electronic goods, housing ahead of key referendum

In the original news story is written, brief quote:

The Turkish government has cut special consumption taxes on a number of electronic home appliances and has extended value-added tax (VAT) cuts on property acquisitions, in a bid to revive domestic demand ahead of a key constitutional referendum, which is expected to be held in April.

Special consumption taxes on air conditioners, refrigerators, washing machines, dish washers, vacuum cleaners and some small home appliances have been zeroed from 6.7 percent for the acquisitions until April 30, according to a cabinet decision, which was published in the Official Gazette on Feb. 3.

 

You can read the full version of the article from the original link below …

Source: hurriyetdailynews.com

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