The amount depends on the vehicle type, age, engine size and value and is paid annually in two instalments. For company vehicles, statutory expense restrictions on passenger cars must be considered when assessing deductibility.
Source: 197 sayılı Motorlu Taşıtlar Vergisi Kanunu
Related terms
Non-deductible expensesExpenses recorded in calculating commercial profit that cannot be deducted in determining taxable corporate income under tax legislation.Business incomeIncome derived from any commercial or industrial activity.Tax calendarThe calendar showing the deadlines for filing returns and paying taxes.Advance taxTax paid in advance during the year by income and corporate taxpayers, in quarterly periods, on current-period earnings.Advance tax rulingA written explanation issued by the tax administration upon a taxpayer's written request about its own tax position or matters it considers unclear.Arm's length principleThe principle that transactions between related persons should be carried out at the prices and on the terms that would apply between independent parties with no such relationship.
Last updated: November 8, 2026 · This definition is for general information only.