Making a statement after the Cabinet Meeting, President Recep Tayyip Erdoğan announced that the VAT rate was increased to 18 percent in the sale of yachts, cotra boats and cruise ships.
Making a statement after the Cabinet Meeting, President Recep Tayyip Erdoğan announced a VAT reduction in some products and said that the VAT rate in yacht and boat sales was increased to 18 percent.
In the statement made by the President, the following was said regarding the sale of yachts and boats:
”Oto galericilerin araç alım satımından elde ettikleri kar ile yat, kotra tekne ve gezinti gemilerinin satışında halen %1 olan KDV oranını %18’e yükseltiyoruz.”
Explaining the sectors where VAT reduction was made, Erdoğan said the following:
* Temel ihtiyaç maddelerinden olan deterjan, sabun, tuvalet kağıdı, peçete, bebek bezi gibi ürünlerin KDV’sini %18’den %8’e indirme kararı aldık.
* We are setting VAT as %8 for all food and beverage services. We are reducing the VAT rate of %V to %8, which is currently applied to hotels such as 1st class business 3 stars and above.
* Satın alınan konut, nerede olursa olsun metre karesine göre değişen, aynı kademeli KDV uygulamasına tabi olacaktır. Yani net alanı 150 metre kareyi aşmayan yerlerde KDV oranı %8’dir. Bu büyüklüğü aşan konutların ilk 150 metre karesi için %8, aşan kısmı için %18 KDV uygulanacaktır.
* Afet riski altındaki alanların dönüştürülmesi kanunu kapsamındaki konutlarda ise 150 metre kareye kadar %1, aşan kısmı için ise %18 KDV tahakkuku yapılacaktır.
* We are reducing the financing burden on the construction sector by reducing the VAT rate on land and land to %8.
* Another arrangement is aimed at exporters. Exporters, who are exempted from the VAT they pay during the manufacturing phase, will be offered the option of refunding up to a certain percentage of the export value instead.
* We are changing the VAT exemption method for works within the scope of investment incentive certificate, and we are including tourism investments in this scope. With the new method, manufacturers will be able to carry out the same transactions without paying VAT instead of requesting a VAT refund after completing their investments.
* Sağlık Bakanlığı mevzuatı kapsamındaki tıbbi cihazların KDV’sini %18’Den %8’e indiriyoruz.
* In the agricultural sector, we are reducing VAT on the delivery of all kinds of certified seeds, seedlings and saplings to %1, and VAT on some products such as milk collection tanks to %8.
* We are radically solving the problems of taxpayers who are concerned about liability with the voluntary, full withholding practice, and we are increasing the exemption period from 1 year to 3 years for residences and workplaces acquired by foreigners in order to bring foreign currency to our country.
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