- Turkey is consulting on amendments to VAT refunds, exemptions, and procedures.
- A draft Communiqué was issued on 31 July 2025 to amend the VAT General Implementation Communiqué.
- The draft reflects changes from Law No. 7555.
- Clarifications include VAT exemptions for national defence vehicles and property sales.
- It addresses loss of exemption due to fraudulent investment certificates.
- Special Consumption Tax is included in the VAT base for some imports.
- Proportional VAT refunds are introduced for depreciable assets in exempt activities.
- A minimum VAT refund claim threshold of TRY 10,000 will apply from 1 April 2025.
- Temporary VAT exemptions, such as for public housing services, are extended until 31 December 2028.
- The draft is available in Turkish on the official website.
- Public consultation is open until 8 August 2025.
Source: regfollower.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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