ARTICLE · 01 SEPTEMBER 1997
Tax System In Turkey - Other Taxes
TurkeyAccounting and Audit
Fuel Consumption Tax
Fuel consumption tax is within the scope of the special sales taxes category and is taken into consideration during the determination of the sales price of the fuel products by the refinery companies and the firms that import petroleum.
The sales of normal and super gasoline, fuel oil, LPG, kerosene are subject to this tax. The refinery companies and the firms which import these products are the taxpayers but, since the tax is totally passed on to the consumers through its inclusion in the selling price, the final consumer is the real taxpayer and the refinery firms simply have a tax responsibility.
Banking And Insurance Transactions Tax
Income received by banks such as commissions, interest and the like and premiums collected by insurance companies are subject to a 5% banking and insurance transaction tax. This tax is usually borne by customers.
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