- Turkish Official Gazette published Communique No. 55 on VAT amendments
- Exempts supplies to contractors for specified military vehicles
- Exempts specified freight transport vehicles for national defense
- Allows cash refunds up to 50,000 lira without tax audit for these vehicles
- Includes special consumption tax in VAT base for imports
- Allows VAT deduction on imports
- Sets minimum refund request amount at 10,000 lira from April 1
- Communique effective from the same date
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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