- Changes have been made to the Value Added Tax General Implementation Communiqué (Serial No: 52) on 31 October 2024.
- The changes include raising the monetary limits for VAT refunds, exemptions for certain transportation vehicles, maintenance and repair services, and gold, silver, and platinum-related activities.
- The communiqué also addresses the documentation requirements for legal fees, the increase in monetary limits for VAT refunds, and exemptions for certain institutions.
- Specific regulations have been made regarding VAT refunds, legal fees, and exemptions for transportation vehicles and related services.
Source: verginet.net
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.
Latest Posts in "Turkey"
- Announcement on Updates to VAT Declarations and Expansion of the New e-Declaration System
- Turkey Clarifies e-Invoice Rules: Turnover, Not POS Count, Triggers Mandatory Electronic Invoicing
- Turkey Proposes Raising Digital Services Tax to 12.5% for Foreign Platforms
- Changes to “Special Tax Base Transactions” Table in VAT1 Return Effective November 2025
- Major Tax Changes for Small Businesses: POS, Receipts, and New Rules from January 2026
