This week, the General Assembly of the Assembly will continue to discuss the Digital Service Tax Law and the Law Proposal on Amendments to Certain Laws and Decree Law No. 375.
According to the proposal, new taxes will be introduced under the name of digital service tax and accommodation tax.
The rate of digital service tax will be 7.5 percent and the rate of accommodation tax will be 2 percent.
Hotels, motels, resorts, pensions, etc. income tax for places, residential value of 5 million liras and above will be subject to valuable housing tax.
THE TOP LIMIT IN INCOME TAX WILL BE 40 PERCENT
Accommodation facilities such as hotel, motel, holiday village, pension, apart hotel, guest house, camping, chalet, plateau house and other services offered within the accommodation facility by selling with this service will be subject to accommodation tax. The rate of tax on bank and insurance transactions related to foreign exchange transactions will be increased from one thousand to one thousand. The new tranche will be added to the income tax tariff and the top tranche will be 40 percent. Thus, those who earn 500 thousand liras and over 40 percent of income tax will give.
COMMISSIONS
Parliamentary Plan and Budget Commission, the negotiations for the 2020 budget will continue. The commission will focus on the budgets of the Ministry of Foreign Affairs tomorrow, the Ministry of Family Labor and Social Services on Tuesday (November 19th), the Interior Ministry on Wednesday (November 20th), the Ministry of Defense on Thursday (November 21st), and the Ministry of Energy and Natural Resources on Friday (November 22nd). The Petition Commission will discuss the activities of the 27th Legislative Petition Commission at its meeting on Wednesday.
VALUE HOUSING TAX COMING
The income tax deduction rate applied to athletes operating in the top leagues in the sports branches subject to the league procedure will be increased from 15 percent to 20 percent. The application for the return of the income tax to the sports clubs, which are deducted and paid on the fees of the athletes, will be abolished. 5 million liras and above the value of residential property will be subject to valuable housing tax. Deed fee, in addition to the value of real estate tax, if there is a value determined by the General Directorate of Land Registry and Cadastre, the transfer and acquisition fee will be taken, provided that it is not less than this value.
ACCOMMODATION TAX
Newly established accommodation tax per person per night is 18 lira for 5-star hotels and resorts, 12 lira for 4-star hotels and resorts, 9 lira for 3-star hotels and municipal certified accommodation facilities, 2 and 1-star hotels, hostels, motels, 6 liras for apart hotels and camps, 18 liras for boutique hotels and private accommodation facilities will be.