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Turkey Provides Further Extension of Temporary VAT Rate Reduction for Overnight Accommodation Services — Orbitax Tax News & Alerts

Turkey's Revenue Administration has announced the publication of President Decision No. 4105, which provides a further extension of the temporary reduction in the VAT rate on supplies of overnight accommodation services from 8% to 1%. Previously extended to 30 June 2021, the decision extends the reduced rate for overnight accommodation services to 31 July 2021. This is in line with the recent extension of the temporary reduction of VAT rates to 31 July 2021 for certain other goods and services in light of the COVID-19 pandemic.