New Excise Tax on Yachts and Boats in Turkey: Impacts, History, and 2025-206 Outlook

New Excise Tax on Yachts and Boats in Turkey: Impacts, History, and 2025 Outlook Introduction As of 2025, Turkey has officially introduced an 8% Excise Tax (Special Consumption Tax – ÖTV) on yachts, boats, and leisure vessels. Previously exempt, thes...