- Turkish Revenue Administration has posted Draft Communique No. 50 online
- The draft communique aims to amend VAT rules
- Measures included in the draft communique are related to VAT refund, VAT exemption period, deduction of VAT paid, and VAT declaration period
- The VAT exemption period will be extended to Dec. 31, 2028, for specific services provided to technology development zone, urban transportation systems, and social security institution
Source: news.bloombergtax.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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