- The article discusses the complexities and challenges of VAT (KDV) refunds in the context of construction contracts in Turkey. It highlights the unique characteristics of VAT, its role in national and global economies, and the adjustments made to accommodate economic changes. The article also touches on the legal requirements for construction permits and the significance of the “Yapı Kullanma İzin Belgesi” (Occupancy Permit) in confirming that a building complies with its plans. Additionally, it mentions the reduced VAT rate for housing under 150 m² and the resulting discrepancies between gross and net areas of buildings.
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.
