Turkey has hiked the VAT tax on goods and services, the country’s Official Gazette said on Friday. The 18% VAT rate on goods and services will be raised to 20%, while the 8% VAT rate applied to certain goods and services will be increased to 10%. The decision will come into effect on July 10, 2023.
Sources:
Latest Posts in "Turkey"
- Important Notice on VAT Return No. 2 Paid as Responsible Party
- Deadline Extension for Withholding, VAT, Accommodation, and Stamp Tax Returns
- Notice on e-Beyan VAT Return Expansion to Additional Provinces
- Important Announcement on 2nd VAT Return Filing Deadline
- Turkey Extends May-June 2026 VAT and Tax Return Deadlines
