- Türkiye has introduced VAT exemptions for defense exports and other sectors to support strategic development. These exemptions apply to approved military projects and deliveries to national security organizations. Urban renewal and real estate transactions by certain foundations also benefit. The Special Consumption Tax is now included in the VAT base for fuel imports. VAT exemptions for construction under investment incentive certificates are extended until the end of 2028, and the minimum amount for VAT refund claims has increased from 2,000 to 10,000 liras.
Source: hurriyetdailynews.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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