VAT

Business

Erdoğan announces yet another round of VAT cuts

March 29, 2022

Turkish President Recep Tayyip Erdoğan has announced cuts to the value-added tax (VAT) on a number products to fight inflation, which has surged to...

Headline

Turkey cuts VAT on electricity to 8 pct amid protests over high energy bills

March 1, 2022

Turkey has reduced the sales tax on electricity used in residences and agricultural irrigation from 18 percent to 8 percent, President Recep Tayyip Erdoğan...

Business

Turkey starts imposing VAT on Facebook ads

April 8, 2019

The Turkish government has begun imposing Value Added Tax (VAT) on Facebook ads, the Bloomberg HT news website reported on Monday. The practice entered into force as of...