Turkey increases customs taxes to curb cross-border ecommerce
The Turkish government is implementing drastic tax changes to reduce online consumer orders from foreign online stores. Import duties are set to rise significantly, while the exemption threshold will be lowered. Additionally, an extra tax will be introduced for certain product categories.
Ecommerce in Turkey is on the rise. Online spending more than doubled last year, the Ministry of Commerce reported this spring. This is largely the result of inflation, but there is also considerable autonomous growth.
Significant growth is expected again this year in Turkey, where almost 560,000 companies were registered as active in ecommerce. The government in Ankara wants to protect them from foreign online stores, which are gaining in popularity.
Import duties and exemption treshold
The import duty on European packages will increase to 30 percent as of August 21, according to the decree of Turkish President Erdoğan, compared to the current 18 percent. The import duty on packages from outside the EU was already 30 percent but will be doubled to 60 percent. This applies to goods arriving by mail or express cargo to an individual in Turkey.
Moreover, the exemption threshold has been lowered from 150 to 30 euros. This means that Turkish consumers will also have to pay taxes on smaller online orders from abroad, driving up the costs for international orders and giving a boost to domestic online spending.
Extra fixed tax
On top of the rate changes and allowance reduction, an extra tax will also be applied. If the goods fall under the category specified in the Special Consumption Tax Law, such as luxury products, an extra fixed tax of 20 percent will be applied.
Temu and AliExpress
The tax measures follow recent hints from Turkey’s trade minister Omer Bolat about upcoming regulations concerning online shopping through platforms like Temu and AliExpress. This is also a concern in Brussels. The European Union plans to abolish the import duty exemption up to 150 euros for packages from outside the Union. This is planned to take effect by March 2028.
Ecommerce News
Related news
Alibaba launches AI design tool for U.S. sellers
U.S. retailers selling goods on the Alibaba e-commerce platform have…
Read more >TikTok Shop launches in Spain
TikTok Shop has launched in Spain today, according to various…
Read more >Zalando acquires rival About You
Zalando is buying out its German competitor About You. Both…
Read more >Related news
Master Good, Nestlé Hungária, Tesco Hungary are this year’s winners
This year, Trade Magazine announced the Christmas TV Ads 2024…
Read more >This year’s CO-OP Star Silver Pine and Silver Star awards have been presented
As every year before Christmas, this December, the CO-OP Star…
Read more >Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >