- Presidential Decree No. 7346, published on 7 July 2023, increases the value added tax (VAT) rates for certain products.
- Toothbrushes, toothpaste, and dental floss are now taxed at 10%, while soap, shampoo, detergent, disinfectants, wet wipes, toilet paper, paper towels, tissue and napkins are taxed at 20%.
- The general rate of 18% is now 20%, except for items on “list I and II.”
- These changes are effective as of 10 July 2023, resulting in Turkiye’s new VAT rates of 20% for standard items and 1% or 10% for reduced items.
Source EY
Latest Posts in "Turkey"
- Postponement of VAT Rate Control Based on Registration and Activity Codes in e-Documents
- Türkiye Reintroduces Fuel Price Stabilization Mechanism for Special Consumption Tax on Petroleum Products
- Turkey Revises Special Consumption Tax Rates for Gasoline, Diesel, LPG, Propane, and Butane
- Türkiye Expands e-Beyan Electronic VAT Return System to Additional Provinces Effective March 2026
- Turkey Introduces Stricter e-Invoice Validation and Technical Updates Effective April 2026
