The Turkish Official Gazette Dec. 30 published Communique No. 53, increasing the VAT refund threshold to 130,700 Turkish lira (US$3,696) from 90,800 lira (US$2,567) for 2025 transactions subject to a reduced VAT rate. The communique enters into force Jan. 1, 2025. [Turkey, Official Gazette, 12/30/24]
Reference:
View Communique No. 53, Official Gazette No. 32768. View Gazette Index.
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