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Turkey announced the temporary reduction of the VAT rate provision of the service for the overnight accommodation
Summary
Due to the Covid-19 situation, the Turkish President decided to extend the temporary reduction of the VAT rate provision of the service for the overnight accommodation from 8% to 1%, although it was planned until May 31, 2021. Now it has been extended to June 30, 2021.
Content
Revenue Administration in Turkey has announced the publication of the President Decision, through which the temporary reduction of the VAT rate provision of the service for the overnight accommodation from 8% to 1% has been extended to 30 June 2021.
Firstly, it was fixed until the 31st May 2021, but due to the Covid-19 situation to ease the burden on the taxpayers in times of economic distress has been prolonged.
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