Turkey’s Revenue Administration has announced the publication of Presidential Decision No. 5189 on 13 February 2022, which entered into force on 14 February 2022 and provides for the application of a reduced VAT rate of 1% on supplies of foodstuffs in general, with the removal of the wholesale-retail distinction. Previously, the 1% rate was limited to wholesale supplies. With the changes, all supplies of qualifying foodstuffs are generally eligible for the 1% VAT rate, including wholesale, retail, import, packaged, and unpackaged. Eligible foodstuffs include, among others, legumes, rice, water, tea, sugar, salt, oils and fats, cake, pasta, meat, poultry, fish, milk, eggs, vegetables, and vegetable preparations.
Source Orbitax
