Turkey: Proposed Amendments to VAT Rules
The Turkish Revenue Administration has introduced Draft Communique No. 50, proposing amendments to VAT rules. The draft includes key measures such as adjustments to provisions on VAT refund in transactions subject to withholding, an extension of the VAT exemption period for specific services, clarification on the deduction of VAT paid by declaring as responsible, and details on the VAT declaration period.
Source: gov.tr
