Turkey: Amendments to VAT Rules in Communique No. 50
On February 10, Communique No. 50 was published in the Turkish Official Gazette, amending VAT regulations. The communique includes measures such as amending provisions related to VAT refunds for transactions subject to withholding, extending the VAT exemption period for specific services until December 31, 2028, clarifying the deduction of VAT paid by declaring as responsible, and specifying the correct VAT declaration period for deductions. The communique generally takes effect immediately, except for Articles 2 and 3, which become effective on March 1.
Source: resmigazete.gov.tr
