CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

World / Middle East

Turkey hikes fixed tax on tobacco, alcohol - official gazette

Published: 01 Dec 2016 - 08:04 am | Last Updated: 19 Nov 2021 - 01:53 pm

Reuters

ANKARA: Turkey has raised the minimum fixed tax rate on alcoholic drinks and raised the fixed tax rates on tobacco products as of Thursday, the country's Official Gazette publication said.

The tax hikes amounted to between 10-27.5 percent, according to CNN Turk and other media outlets.