Turkey Implements New Special Consumption Tax Rates for Alcoholic Beverages and Hookah Tobacco

On December 24, 2024, Turkey's Official Gazette published Decision No. 9309, which establishes new minimum fixed special consumption tax amounts for alcoholic beverages and hookah tobacco, effective immediately. This decision reflects the Turkish government's ongoing strategy to regulate alcohol consumption through taxation, having previously increased special consumption taxes by 1,543% over the past 13 years.