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Turkey

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Changes in Some VAT Rates Published in Official Gazette on 14.11.2024 – Tax Circular

  • A decision regarding some VAT rates has been published
  • The decision was published in the Official Gazette on November 14, 2024
  • The decision amends the determination of VAT rates for goods and services
  • Changes have been made to the VAT rates for certain medical products and devices
  • The new decision specifies a 10% VAT rate for certain medical foods and devices
  • The decision also includes changes to the VAT rates for medical devices subject to specific regulations
  • The link to the full decision can be accessed through the provided link

Source: verginet.net

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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