Changes in Customs, Foreign Trade, GEKAP, Incentives, and Indirect Taxes

• The recent changes in the tax world regarding customs, foreign trade, GEKAP, incentives, and indirect taxes are being evaluated.
• Indirect taxes, such as SCT and VAT, form a significant portion of tax revenues.
• The rate for VAT has been updated from 18% to 20%, resulting in a 2% increase for most products.
• Customs and foreign trade processes need to be carefully monitored due to the increase from 8% to 18% and then to 20% in VAT rates.
• Certain hygiene products, such as shampoo and soap, have seen an increase in the VAT rate from 8% to 20%.
• The potential increase in budget revenues is expected due to these changes.
• A comprehensive law is being discussed, which may introduce important measures.
• The recycling participation fee (get-up) may see an increase of up to 200% in rates.
• Similar potential increases apply to the Special Consumption Tax (SCT) based on the product category.
• The impact of these changes will be felt in import processes, costs for importers, and consumer prices.