Turkish Treasury Minister Şimşek Denies VAT Rate Increase on Food and Beverages

• Turkish Treasury and Finance Minister Mehmet Şimşek denies reports of an increase in VAT rates on food
• Recent inspections found some restaurants and cafes were pretending to sell products like meat and water to avoid higher VAT rates
• Ministry prepared a draft communiqué to prevent abuse and ensure a level playing field
• Businesses providing food and beverage services will charge a 10 percent VAT on their products and services
• Sales made through delivery, phone, online, or pick-up will also be subject to the same VAT rate

Source: kibrispostasi.com

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.

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