VAT in Turkey
"How does VAT work for B2B transactions in Turkey?"
"How does VAT work for B2B transactions in Turkey?"
Standard VAT rate is 20% with reduced rates of 10% and 1% for specific goods. VAT on business purchases is generally deductible. Export sales are zero-rated.
VAT treatment depends on the transaction, place, applicable rate and any exemption. A business's corporate-tax treatment does not determine its VAT liability.
Review invoices, supply and payment facts, import or export evidence and input-tax records; verify the transaction category and period before using a rate.
Statutory framework and official guidance for this definition.
Our experienced attorneys can help you navigate vat in turkey under Turkish law.
Schedule a Consultation