Through the General Communique series no.14 published in the Official Gazette dated 27 September 2017, the following amendment on the VAT General Implementation Communique has been announced: “The rate of withholding that should be handled by purchasers for the construction work performed for specified purchasers and engineering-architecture and project study services performed together has been increased to 3/10 from 2/10.
The Communique will be enacted as of 1 October 2017.
Our explanations provided above include general information on the issue. No responsibility can be claimed against EY and/or Kuzey YMM ve Bağımsız Denetim A.Ş. due to the implications arising from the context of this document or emerging with respect to its context.
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