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Turkey Reduces VAT Rate on Certain Wholesale Food Items and Furniture Products — Orbitax Tax News & Alerts

Turkey's Revenue Administration has announced the publication of Decree No. 1994 on 2 January 2019 which reduces the VAT rate on Wholesale Food Items and Furniture Products. This includes

  • a reduction in the rate from 8% to 1% for wholesale supplies of chicken eggs, fish, and fresh fruits and vegetables; and
  • a reduction in the rate from 18% to 8% for supplies of certain furniture products.

The Decree is effective from the date published.