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A new minimum fixed special consumption tax (ÖTV) has been introduced for motorcycles and automobiles in Turkey.

Turkey's parliament (TBMM) has passed a new regulation instituting a minimum fixed special consumption tax (ÖTV) on motorcycles and automobiles. This updated tax system imposes a baseline ÖTV amount on vehicles, including electric cars, altering previous tax calculation methods in the automotive sector. The change aims to restructure how ÖTV is applied across vehicle categories and is significant for buyers and industry stakeholders in Turkey.