- A draft omnibus law was submitted to the Grand National Assembly of Türkiye.
- The law proposes a VAT exemption for cryptoasset deliveries.
- It modifies certain VAT exemptions, changing some from exemptions with credit to exemptions without credit.
- It introduces a VAT exemption without credit for rentals of residential property owned by commercial enterprises.
Source: kpmg.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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