- Turkish Treasury and Finance Minister Mehmet Şimşek denies reports of an increase in VAT rates on food
- Recent inspections found some restaurants and cafes were pretending to sell products like meat and water to avoid higher VAT rates
- Ministry prepared a draft communiqué to prevent abuse and ensure a level playing field
- Businesses providing food and beverage services will charge a 10 percent VAT on their products and services
- Sales made through delivery, phone, online, or pick-up will also be subject to the same VAT rate
Source: kibrispostasi.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.
Latest Posts in "Turkey"
- 8% Tax Imposed on Yachts and Pleasure Vessels; Firearm Fees Doubled in Turkey
- Turkey Amends VAT Rules: Military Vehicle Exemptions, Refunds, and Import Tax Changes
- Türkiye Implements VAT Exemptions to Boost Defense Exports and Strategic Development
- Turkey Expands VAT Exemptions for Defense, Security, and Public Sector Transactions – Communiqué No. 55
- Amendments to VAT Communiqué: Electronic Submissions, Defense Project Exemptions, and Vehicle Delivery Rules
