Vintners Pushing For Tax Cuts

Turkish vintners are warning that, if the government does not take swift action and reform the taxation system, Turkey will have to import the majority of its wine within 10 years. Due to high tax rates applied to wine and early payment due dates, wine producers have said that the industry is entering a crisis period. With value-added tax and consumption tax together now constituting 70% of the sale price of a bottle of wine, costs are pushing some wine producers into debt, causing many to call off planned investments. Turkey's Wine Producers' Association is calling for the government to

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