• Home
  • Life
  • 0 Percent Tax on Movie Tickets Extended to the End of the Year

0 Percent Tax on Movie Tickets Extended to the End of the Year

The 0 percent entertainment tax on movie tickets has been extended. According to the Presidential Decree, citizens will not pay extra taxes on the tickets they buy until December 31, 2022. It is not yet clear what will happen in the new year.
 0 Percent Tax on Movie Tickets Extended to the End of the Year
READING NOW 0 Percent Tax on Movie Tickets Extended to the End of the Year

An important Presidential Decision took place in today’s issue of the Official Gazette. According to the decision numbered 5613, the “entertainment tax” on movie tickets, which was reduced to 0 percent due to COVID-19, will continue to be applied at 0 percent for a while.

According to the Presidential Decree, citizens will not pay entertainment tax for movie tickets until 31 December 2022. This application was first implemented in the past years and has been extended several times. With the decision taken, the 0 percent entertainment tax application was extended for another period.

10 percent entertainment tax was charged from movie tickets

Citizens who bought movie tickets before the COVID-19 pandemic were paying 10 percent entertainment tax. This rate has been reduced to 0 percent due to COVID-19. The tax item, which has been 0 percent for more than a year, will continue to be applied as 0 percent for a while. What will happen after 31 December 2022 is not clear for now.

If the 0 percent tax on movie tickets ends on 31 December, we can say that prices will automatically increase by 10 percent. However, when that day comes, it is not known for now what decision will be made.

You can reach the President’s Decision in the Official Gazette here.

Comments
Leave a Comment

Details
264 read
okunma9320
0 comments