- Turkey Finance and Treasury Ministry issued General Communique No. 55 on September 4, 2025 updating VAT rules under Law No. 7555
- The communique clarifies VAT exemptions for defense industry projects, vehicle deliveries for defense and security purposes, and public real estate transactions
- New procedures are outlined for calculating VAT based on imports and processing VAT refunds
- These updates reflect changes introduced by Law No. 7555 enacted on July 20, 2025
- A draft communique was previously issued on July 31, 2025 to amend the VAT General Implementation Communique with these same changes
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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