Tax Package and 2026 Budget Discussions Start in the Assembly

The Grand National Assembly of Turkey is convening with important agenda items in the new week. The Assembly will discuss the tax package process, as well as the 2026 budget of four ministries in the Plan and Budget Commission.

According to the regulations, the exemption from fees applicable to the sale and transfer of registered vehicles is being removed. With this change, it is planned to collect a proportional notary fee of no less than 1,000 TL for all transactions. This situation will create additional costs for both buyers and sellers.

It is particularly noted that a fee of 0.2% will be charged on zero and second-hand vehicle sales. This new application could affect the current market dynamics. These updates related to vehicle sales are likely to lead to significant changes in the sector.

Additionally, it is expressed that the penalties for inaccurate declarations will be intensified. These penalties, which could have serious consequences for individuals and companies making erroneous declarations, may lead to discussions in the public sphere. These regulations, which are crucial for economic stability, are expected to resonate widely at both individual and institutional levels.

The Assembly's activities this week are critically important for the overall state of the economy. The information it provides regarding how the budget will be shaped and which areas resources will be allocated to, in addition to the tax package, will also affect future forecasts. Therefore, the results of the discussions will be closely monitored.