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Turkey Extends Temporary Reduced VAT Rates for Various Goods and Services

|Approved Changes|Turkey
Turkey

Turkey's Revenue Administration has announced the publication of Decision No. 3318 of 22 December 2020, which provides for an extension of the temporary reduction of VAT rates that was provided for certain goods and services in light of the COVID-19 pandemic. This includes an 8% rate for various goods and services and a 1% rate for entrance fees for cinemas, theatres, operas, etc. ({News-2020-…

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