Finance minister says 'no' to meteorite tax in Turkey's east| MENAFN.COM

Wednesday, 10 August 2022 07:35 GMT

Finance minister says 'no' to meteorite tax in Turkey's east


(MENAFN- The Journal Of Turkish Weekly) After discussions both on traditional and social media including a Twitter poll by the country’s finance minister and an official investigation it has been decided villagers in the eastern province of Bingöl who found and sold meteorite pieces at inflated prices did not need to pay taxes for this sort of income.

Turkish Finance Minister Mehmet imek took to Twitter to seek the public’s opinion on the move to tax locals selling meteorite fragments in Bingöl’s Sarçiçek village.

“Should the meteorites sold in Sarçiçek be taxable? What do you think?” the minister tweeted alongside a two-answer survey.

Some 72 percent of a total of 30400 participants said “no” to the minister’s question on Nov. 20 when imek began an official investigation.

“As any commercial organization was not established by local people in Bingöl they do not need to pay any taxes for their income from selling the meteorites. Other people who have flocked to the city however need to pay the taxes as they are there for commercial reasons” said imek.

The debate over taxation began after the Finance Ministry dispatched officials to conduct tax inspections after villagers in Bingöl sold a number of meteorite fragments they had discovered though the villagers fiercely objected to the move and said the meteorites were “sent by God.”

Officials arrived at the village of Sarçiçek to investigate after media reports emerged about villagers selling meteorite pieces for up to $200000 to collectors fromRussiaand Europe.

All sales worth more than 21000 Turkish Liras ($7000) are subject to taxation.

The local villagers objected to the ministry’s move arguing the meteorites could not be considered natural wealth because they were “sent from above.”

“God sent them from the skies. They should be exempt from tax” a villager named Rdvan Ergün told Doan News Agency.

“They said the stones belong to the state. But we did not extract them from the ground. Taxes should only be imposed on [stones] extracted from the ground” Ergün added.

Another villager said locals were not involved in trade as the revenue from the meteorites was used to pay debts.

“It is true that the villagers gathered the stones. But they did not trade them; they only paid their debts” smail Ergün claimed. “We did not establish companies or hire people to look for stones. We just gathered a few stones. We don’t believe that should be taxable.”

The residents of Sarçiçek began to sell the pieces they found after being told by an Istanbul university academic how valuable the meteorites were.

They said they had sold meteorite pieces for up to $60 per gram.

“God willing everybody should find this stone. Poor people keep looking for it. They need it more than we do” one local said.

According to Oxford University Astrophysics Prof. Selçuk Topal meteorites are mainly important for research purposes.

“The reason people worldwide are interested in the meteorite pieces found in Bingöl is for scientific tests in space research” Topal told Cihan News Agency.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.