Turkish photogs face 20-percent camera price hike
Turkey's English-language daily Today's Zaman reports that digital cameras and camcorders in that country will cost 20 percent more as of July 1, thanks to the addition of image-recording devices to the Private Consumption Tax roll--more specifically, the list of goods covered by Customs Tariffs Statistics Protocol No. 8525.80, which "includes home appliances, cosmetics, caviar, guns, and other items."
The newspaper explains, "An official from the administration pointed to the recent, dramatic increase in digital camera sales, adding that similar products were already subject to [the tax]. Demand for such electronic devices, most of which are imported from abroad, is expected to sharply decline after the amendment goes into effect."
The newspaper explains, "An official from the administration pointed to the recent, dramatic increase in digital camera sales, adding that similar products were already subject to [the tax]. Demand for such electronic devices, most of which are imported from abroad, is expected to sharply decline after the amendment goes into effect."
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