Turkey has published Omnibus Law No. 7103 of 27 March 2018 in the Official Gazette. The Omnibus Law includes various tax measures, including:

• A value added tax exemption (VAT) on machinery and equipment acquired between 1 May 2018 and 31 December 2019 for use in manufacturing, research and development, innovation and design activities, regardless of whether an incentive certificate was obtaine…