Turkey Clarifies 1% VAT Rate for Food Products Not Applicable for Food and Beverage Service Providers
Turkey's Revenue Administration has issued a release on the publication of Amendments to the Value Added Tax General Application Communiqué No. 51, which includes explanations regarding the applicable VAT rate for food and beverage services. The release clarifies that the amendments do not result in any increase in VAT rates. Rather, the amendments clarify that the 1% VAT rate for the supply …
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