Value added tax (VAT), assessed on the duty paid value is levied on most goods. Three rates apply:

  • Basic foods and books is eight per cent
  • Basic rate is 18 per cent
  • Some food items and others are one per cent

Additional taxes (special consumption tax) are imposed on:

  • automobiles
  • cigarettes
  • alcoholic beverages
  • white goods
  • fuel oil.

All corporations and limited liability entities are liable for corporation which is 20 per cent and withholding tax which is 15 per cent.

A double taxation agreement between Turkey and Australia is still under negotiation.