Pursuant to the President’s Decision No. 10363 that has amended the list numbered 2 annexed to the Special Consumption Tax Law which has been published with the Official Gazette dated 6 September 2025 and numbered 33009, the rate of special consumption tax applied to seaworthy tour boats which do not exceed 18 gross tonnage, passenger boats and tour boats which are not seaworthy; yachts, cutters, boats and excursion boats has been increased from 0 (zero) percent to 8 (eight) percent.
In accordance with the amendment to the Special Consumption Tax Law, which entered into force upon its publication in the Official Gazette, it is recommended that the new special consumption tax rate applicable to yachts and other marine vessels specified in the President’s Decision be taken into account by businesses and investors operating in the maritime sector during their investment decisions.