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Amendment to VAT General Implementation Communiqué (Serial No: 52) – Official Gazette, October 31, 2024

  • Changes have been made to the Value Added Tax General Implementation Communiqué (Serial No: 52) by the Ministry of Treasury and Finance.
  • A new paragraph has been added regarding the issuance of professional receipts for attorney fees paid by the losing party in a lawsuit.
  • Amendments have been made to various sections of the Communiqué, including increasing the amount from 10,000 TL to 50,000 TL in certain sections.
  • Examples and wording related to maritime activities have been revised in the Communiqué.
  • The purpose of the exemption application for sea and air trade fleets is to promote the development of the country’s fleets and enhance competitiveness.

Source: alomaliye.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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