February 3, 2017 / 7:31 AM / a year ago

Turkish finance minister says to cut tax on white goods for 3 months

ISTANBUL, Feb 3 (Reuters) - Turkey will remove the special consumption tax on white goods for three months, Finance Minister Naci Agbal told the state-run Anadolu agency on Friday, in a bid to support domestic demand.

Shares in white goods maker Arcelik and Vestel were both up more than 3 percent on the plans.

Agbal also said taxes would be reduced on certain housing projects, which he said would boost the construction sector. (Reporting by Ercan Gurses and Humeyra Pamuk; Writing by Nick Tattersall)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below