- The Turkish Revenue Administration said VAT paid on a commercial vehicle bought while taxed under the simplified regime cannot later be deducted.
- The taxpayer had started service transport in 2019, bought a vehicle in 2023, stopped the activity in 2025, and restarted in 2026 under the normal tax regime.
- Even after switching to the normal regime, the VAT from the 2023 vehicle purchase was deemed non-deductible.
- The decision was based on VAT law rules requiring deductible input VAT to be related to taxable activities and properly documented in the relevant period.
Source: alomaliye.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"
- Late Paid Reverse Charge VAT Deductible in Payment Period
- Are Publication Fees Paid by Universities to Foreign Publishers VAT-Exempt?
- Turkey Updates Special Consumption Tax Rates for Fuel Products
- Turkish e-Archive System Guide: Requirements, Procedures, and Invoice Scenarios
- Turkey Updates Special Consumption Tax Rates for Fuel Products
