- Presidential Decision No. 9126 published in Turkish Official Gazette on Nov. 14
- Decision determines VAT rates for medicinal products
- Amends list of VAT rate goods to include foods for special medical purposes, human medicinal products, active substances, raw materials, and goods subject to special consumption tax
- Decision effective from Nov. 15.
Source: news.bloombergtax.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.
Latest Posts in "Turkey"
- Digital Tax Office Announcement on VAT Returns Implementation in Turkey
- Changes in “Special Tax Base Transactions” Table of VAT1 Declaration Effective October 2025
- Important Announcement on Changes to VAT Declaration (KDV1) Effective October 2025
- New Regulation on VAT Refund for Depreciable Economic Assets (ATİK) in Turkey
- Turkiye Removes US Tariffs, Introduces New Blanket Tariffs on Motor Cars Based on Engine Type