The Revaluation Rate to be Applied to Motor Vehicle Tax for FY 2023 is Determined
As per the General Communiqué on Tax Procedure Law numbered 542 published in the Official Gazette dated 24 November 2022 and numbered 32023, the revaluation rate for 2022 was determined as 122.93%.
However, the Presidential Decision numbered 6582 (Decision) is published in the Official Gazette dated 21 December 2022 and numbered 32050. As per the Decision, the revaluation rate to be applied during the calculation of motor vehicle tax for FY 2023 is determined as 61,5%.
The Decision enters into force on 01.01.2023.
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