- As of November 14, 2024, Turkey expanded the list of goods subject to the 10% VAT rate, including foods for special medicinal purposes, active substances in medicinal products, and raw materials for active substance production.
- This adjustment, implemented under Decision Number 9126, aligns with Turkey’s VAT Law No. 3065 and aims to support public health initiatives while refining tax classifications.
Source: fiscal-requirements.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"
- Announcement: Changes to VAT Return Form Effective from January 2026 Tax Period
- Updates on MUHPHB, VAT Declarations, and Valuable Housing Tax Statement for 2026
- Turkey Raises Contactless Payment Limit to 2,500 TL Without PIN Starting January 2026
- Turkey Updates Invoice and Receipt Limits for 2026: New Thresholds Announced for Businesses
- Business Leaders Call on EU to Modernize Customs Union and Revive Türkiye Membership Talks














