Communiqué on the Amendment to the Communiqué on the General Application of Value Added Tax

With the Communiqué (Serial No: 47) on the Amendment to the Communiqué on the General Application of Value Added Tax published in the Official Gazette dated 07.09.2023 and numbered 32302;

- In accordance with Article 9 of Law 7456, which entered into force on 15/7/2023 and was published in the Official Gazette 32249, and temporary article 44, added to Law 3065, in places considered an effective disaster zone for general life due to earthquakes occurring on 6/2/2023, in the delivery and services to professional organizations that are public institutions due to the construction of houses that will be donated to disaster victims under the protocol signed with the Disaster and Emergency Management Presidency, in accordance with the construction of houses that will be donated to disaster victims in accordance with the protocol signed with the Disaster and Emergency Management Presidency arrangements are being made regarding the exception to be applied until 31/12/2024.

– With the amendment made to Article 7 of Law 7456 and paragraph (r) of article 17 of Law 3065 (4), the VAT exemption application has been abolished for transfers and deliveries made through the sale of real estate assets of institutions, and the relevant sections of the VAT General Implementation Communique are being regulated and amended.

In addition, in accordance with Article 8 of Law 7456 and temporary article 43 added to Law 3065, since VAT exemption will continue to be applied for transfers and deliveries made through the sale of real estate registered in the assets of institutions before 15/7/2023, regulations and amendments are being made to the relevant sections of the VAT General Implementation Communique.

– The issue of the effective date of VAT rates applied in financial leasing transactions is being determined.

– The VAT General Implementation Communique introduced project implementation, but by obtaining an exception certificate before the effective date of the Communique, or in the form of tax first applied and then refunded, it is arranged that those who make transactions other than the project implementation should also obtain an exception certificate within the scope of the project implementation from 1/1/2024. (IOP)