- The Presidential Decree No. 7346 published on July 7, 2023, has increased the general VAT rate in Turkey from 18% to 20%, and the reduced VAT rate from 8% to 10%. x
- The applicable VAT rate on cleaning products (excluding toothbrushes, pastes, and dental floss) has also been increased from 8% to 20%.
- The reduced VAT rate of 1% remains unchanged.
- These new rates are effective from July 10, 2023.
Source PwC
