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Turkiye imposes fees on vessels for greenhouse gases

17 July 2024

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Tax Alerts, Legislation & Policy, Na...

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Turkey

Due to publication of an amendment to the Ports Law No. 618, it has been decided that the fees to be collected from ship owners for the greenhouse gas emissions released by commercial ships coming to or departing from Turkiye's ports for the purpose of cargo or passenger handling will be determined based on verified greenhouse gas emissions and the current carbon price of the European Union Emission Trading System.This fee will be paid annually by the end of September of the following year, based on the total amount of the previous year, and the collected amounts will be recorded...