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3-Month Extension For VAT Reduction On Real Estate Rentals

The application period for the reduction in value added tax (‘’VAT’’) and withholding tax on real estate rentals has been extended for three months to be valid from 1 June 2021 by Presidential Decree published in the Official Gazette on 2 June 2021. You can reach the decree here. (Available in Turkish only).

Source: cetinkaya.com

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