Date Added: 18 December 2024

The Turkish government has lowered the flat tax rate on non-commercial goods valued at €30 or less, transported directly from the Turkish Republic of Northern Cyprus (TRNC) via passenger luggage, mail, or express cargo services.

The tax rate has been reduced from 60% to 30%, aligning it with the rate applied to goods from EU member states.

The decision, titled “Presidential Decree on Determining the Flat Tax Rate for Goods Arriving Directly from the TRNC,” was published in Türkiye’s Official Gazette and is now in effect.

Previously, goods within the specified value range imported directly from the TRNC were subject to a 60% flat tax.

The Ministry of Finance clarified that the new regulation aims to provide consistency by applying the same 30% rate levied on similar imports from EU countries.

The Ministry emphasized that the tax reduction applies to goods entering Türkiye through passenger belongings, postal services, or express cargo, provided their taxes are duly paid.