- New law proposal in Turkey tightens VAT rules to reduce tax evasion
- VAT on Special Consumption Tax now includes SCT in the VAT base for certain goods
- Restrictions on VAT exemptions to ensure proper tax collection
- LPG market regulation prevents unnecessary transfers and market opacity
- Tax audits and inspection reports can be done digitally
- Simplified enforcement for tax inspection when taxpayer is absent
- Increased penalties for unauthorized activities and repeated violations
- New tax and fees for precious metals dealers
- Clarification of rules for organized industrial zones
- Updated vehicle tax rates to reflect current market prices
- Free zone sales exemption starts January 1, 2026
- Most provisions effective upon publication on June 16, 2025
Source: fiscal-requirements.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"
- VAT Refund and ATIK Liability in International Transportation: Legal Framework and Exemption Application
- Understanding Turkey’s 2025 Reduced VAT Refund Procedures: Key Sectors, Thresholds, and Professional Support
- Maximize Export Profits: VAT Refund Benefits for Manufacturing Exporters Explained
- Understanding VAT Refunds for Domestic Sales of DIIB-Certified Export Products
- Guide to VAT Refund Procedures for Service Exports: Exemptions, Declarations, and Refund Methods
