Why do we pay 100 thousand liras for a phone? A tax expert calculated it

Tax expert Ozan Bingöl has revealed the tax rates for Apple's new flagship, which has reached a retail price of 100 thousand liras in Turkey, via his social media account.

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Technology giant Apple has increased the prices of many products it sells in Turkey. With the price hikes, the prices of iPhones have also risen. According to the new prices reflected in Apple's online store, the most expensive iPhone has reached 107,999 TL.

It was observed that the price of the iPhone 15 Pro Max 1 TB, the most expensive iPhone model on Apple Turkey's official website, is 107,999 TL.

OZAN BİNGÖL CALCULATED THE TAX RATE

Following the price hikes implemented by Apple, tax expert Ozan Bingöl calculated how the phone sold for 107 thousand liras reached these levels and the amount of tax behind it. Here is the breakdown of why we pay 100 thousand liras for a phone:

With the latest price hike, for the most expensive #iPhone;

Price excluding tax; 53,040 TL

-1% Ministry of Culture Share 530 TL

53,570 TL

-12% TRT Bandrol Fee 6,428 TL

59,998 TL

-50% SCT (Special Consumption Tax) 29,999 TL

89,997 TL

-20% VAT 18,000 TL

Recommended retail price 107,999 TL

Total tax 54,957 TL

(Fractions have been rounded)