22.1 Trillion Liras in Taxes Expected According to the 2027 Budget Proposal

Based on the 2027 budget proposal data, tax revenues across Turkey are expected to increase by 35.6% next year, reaching a total of 22 trillion 139 billion liras. Various tax items, SCT details, and budget expectations were included within the scope of the proposal.

Details regarding the 2027 budget proposal revealed projections for an increase in tax revenues. While total tax revenues are estimated to be at the level of 16 trillion 332 billion liras at the end of 2026, this figure is planned to rise to 22 trillion 139 billion liras in 2027. Income tax is projected to increase by 34.3% to 5 trillion 584 billion liras, corporate tax by 34.4% to 2 trillion 371 billion liras, and Motor Vehicle Tax (MTV) by 33.3% to 175.7 billion liras. VAT collected domestically was projected as an increase of 31.8% to 4 trillion 746 billion liras.

Revenues from the Special Consumption Tax (SCT) are expected to increase by 55.8% next year to 3 trillion 334 billion liras. Among the SCT items, revenues are projected at 1 trillion 151 billion liras from motor vehicles, 795.9 billion liras from cigarettes, 870 billion 580 million liras from petroleum and natural gas products, 259.6 billion liras from alcoholic beverages, and 225.7 billion liras from durable consumer goods. While SCT collected from petroleum and natural gas products is estimated to increase by 171% compared to this year, it was stated that the year-end revenue estimate is 321 billion 244 million liras as a result of the sliding scale system (eşel mobil) applied to fuel this year.

Special Communication Tax of 84.6 billion liras, digital service tax of 24.3 billion liras, stamp duty of 472.2 billion liras, fees of 758.9 billion liras, and fines of 489.9 billion liras were included in the budget proposal. On the other hand, real estate sales revenues are expected to increase by 507% compared to this year, reaching 125.1 billion liras; this item, which was projected as 18.1 billion liras at the beginning of the year, had been estimated to be 20.6 billion liras at the end of the year.