VATupdate

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Key VAT Changes: Crypto Exemption, Partial Relief for Foreigners, and Business Housing Leases

  • VAT will not apply to crypto transactions, to avoid double taxation.
  • The full VAT exemption for housing sales and health services to foreigners will be converted into a partial exemption.
  • Residential leasing by businesses will be brought under VAT exemption.

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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