The Period of VAT Reduction on Overnight Services in Accommodation Facilities Has Been Extended for 1 Month
Through the promulgation of the President Decision No. 3931 (“Decision”), published in the Official Gazette dated April 30, 2021 and numbered 31470, the period of Value Added Tax (“VAT”) reduction on overnight services in accommodation facilities has been extended for 1 month.
Through the Decision, the period of VAT rate that has been applied as 1% until 31 May 2021 for the overnight services provided in hotels, motels, pensions, holiday villages and similar accommodation facilities has been extended until 30 June 2021 (including this date).
The Decision will enter into force as of 1 June 2021.
You may find the full text of the Decision here.
All rights of this article are reserved. This article may not be used, reproduced, copied, published, distributed, or otherwise disseminated without quotation or Erdem & Erdem Law Firm's written consent. Any content created without citing the resource or Erdem & Erdem Law Firm’s written consent is regularly tracked, and legal action will be taken in case of violation.