- The draft amendment to the Value Added Tax General Implementation Communiqué has been revised taking into account the received opinions.
- The Presidency continues to work on the development and preparation of the draft for publication.
- Suggestions and recommendations regarding the improvement, modification, or contribution to the current draft can be sent via email until December 11, 2023.
- A new section titled “16. VAT Application in the Sale of Cards, Passwords, Codes, and Similar” has been added to the Value Added Tax General Implementation Communiqué.
- The section explains the application of VAT on cards, passwords, and codes used for purchasing products and services in virtual or physical stores.
- The importation or sale of these cards, passwords, and codes from foreign companies is subject to VAT.
- Different VAT declaration forms need to be used depending on the circumstances of the transaction.
- Examples are provided to illustrate the application of VAT in specific situations.
Source: gib.gov.tr
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.
