The cost of the credit card tax to citizens has been revealed: This is how much every family will pay!
The repercussions of the decision to transfer 750 TL to the Defense Industry Support Fund from individuals with a credit card limit of over 100 thousand liras continue, and the amount that a nuclear family will pay has also been determined.
12punto
As the repercussions continue regarding the 750 TL to be transferred to the Defense Industry Support Fund from individuals with credit card limits over 100 thousand liras, a striking detail has emerged.
With the proposal submitted to Parliament, holders of credit cards with a limit of 100 thousand liras and above will pay an annual participation fee of 750 liras per card.
For notaries, if real estate sales are conducted by notaries, a participation fee will be collected at a determined amount; 3 thousand liras for the registration of vehicles being registered for the first time, 1500 liras for all types of sales and transfers of registered vehicles, and 75 liras per transaction for other notarial services where a fee is charged.
Additionally, a 20 percent Special Consumption Tax (ÖTV) will be levied on drones and wristwatches. Motorcycles under 100 cc will also fall under the scope of the Motor Vehicle Tax (MTV).
Another striking clause in the draft is that if a transaction is carried out without the fee being paid, the officials and notaries performing the transaction will be held responsible for all transactions along with those liable to pay the fee...
According to the report in Habertürk, an important point of the regulation is the stamp duty. The Treasury plans to collect 143 billion liras in stamp duty this year. This tax is collected on almost every official transaction, but there are areas where it is collected the most. The fee to be collected for the fund has been selected from these transactions where stamp duty is collected the most.
According to the Stamp Duty Law No. 488, a fund share equal to the amount of stamp duty collected from tax returns, declarations submitted to customs administrations, social security institution insurance premium declarations, and declarations created by combining monthly premium and service documents with withholding tax returns will be collected; for annual income tax returns, a fund share equal to half the stamp duty amount will be collected. Considering the 143 billion liras collected annually, at least 50 billion liras of resources will be transferred to the fund.
NUMBER OF PEOPLE WHO WILL PAY 750 TL
Credit cards in the pockets of 28 million people are the second most important issue! The number of credit card holders with a limit of 100 thousand Turkish liras and above, who are said to be charged 750 liras annually in the regulation, is approximately 5 million people. This shows that citizens will pay 23 billion 750 million liras in fund shares just because of the card limit.
The other important issue is the shares to be collected from vehicle and real estate sales at the title deed office. In Turkey, 3.1 million new and used vehicles and approximately 1.4 million real estate properties are sold annually. Based on the additional fee requested for these, we can conclude that 6.5 billion liras will be collected from vehicle sales and 2.6 billion liras from real estate sales.
The other important issue is the shares to be collected from vehicle and real estate sales at the title deed office.
In Turkey, 3.1 million new and used vehicles and approximately 1.4 million real estate properties are sold annually.
Based on the additional fee requested for these, we can conclude that 6.5 billion liras will be collected from vehicle sales and 2.6 billion liras from real estate sales.
Many citizens have launched petition campaigns for the withdrawal of the law.
