- Turkey increased the VAT refund limit for transactions subject to the reduced VAT rate to TRY 130,700 in 2025.
- The previous limit was TRY 90,800 in 2024.
- The change was made in accordance with VAT General Communiqué No. 53.
- The new provisions became effective January 1, 2025.
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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