How can we make VAT deductions and the notice in invoices that foreign companies take from liaison offices in Turkey?
Can I deduct the VAT amount calculated separately in the invoices of the foreign companies providing service with VAT ID number (Microsoft etc.) in Turkey? Do I also need to submit a VAT 2 declaration?
If VAT is shown on your invoice, you can deduct it. Otherwise, the VAT 2 declaration will be submitted.
Source: İSMMMO
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.