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Turkey Provides Further Extension of Temporary VAT Rate Reduction for Overnight Accommodation Services

|Approved Changes|Turkey
Turkey

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 …

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