- A draft regulation regarding the application of VAT rates in food and beverage services has been misunderstood by some media outlets
- The draft regulation does not involve any increase in VAT rates
- It aims to correct errors in implementation and prevent abuses in the food and beverage sector
- While the VAT rate for food items is 1%, it is 10% for the food and beverage sector
- Some restaurants have been exploiting this difference in rates, affecting competition
- The draft regulation clarifies that restaurants should apply a 10% VAT rate for food and beverage services
- The regulation aims to prevent tax losses and address uncertainties in the sector
- The regulation does not involve any increase in VAT rates and aims to prevent misuse and errors in the sector.
Source: gib.gov.tr
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
