With the Presidential Decision No. 6583 published in the Official Gazette dated 21/12/2022 and numbered 32050; Pursuant to the authority given to the President in the provisional article 39 of the VAT Law No. 3065, the application period of the VAT exemption in the deliveries of new machinery and equipment made exclusively for use in the manufacturing industry to VAT taxpayers holding industrial registration certificate has been extended until 31/12/2024.
Click here to access the Presidential Decree .
Click here to access the explanatory note .
Source: gov.tr
Latest Posts in "Turkey"
- Turkey Revises Special Consumption Tax Rates for Petroleum Products Effective 11 March 2026
- Türkiye Raises Taxes on Petroleum, Tobacco, Alcohol, Medicines, and Low-Value Imports Effective 2026
- Key VAT Changes: Crypto Exemption, Partial Relief for Foreigners, and Business Housing Leases
- Tax Treatment of Donations and Aid under Turkish Tax Legislation (February 2026 Guide)
- A Proposal on Documentation of Non-Deductible VAT from Import Safeguards and Anti-Unfair Competition Measures
