Law-Now
20 Jul 2023 ·
Turkiye
Increase in Value Added Tax and Special Consumption Tax Rates in Türkiye
1 min read
The Ministry of Finance of the Republic of Türkiye introduced an increase in the VAT and Special Consumption Tax (“SCT”) rates as of 10 July 2023.According to the Presidential Decree published in the Official Gazette, the 18% (eighteen percent) VAT applied...
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