Currently being discussed in the Grand National Assembly of Turkey, the first 29 articles of the Draft Law on Amendments to Certain Decree Laws (2/1369) were accepted in the General Assembly. With Article 18 of the regulation, an amendment was proposed to Article 13 of the Value Added Tax Law numbered 3065, which also regulates VAT exemptions for investments with incentive certificates.
The proposed amendment included the addition of the phrase ''renewable and other energy'' to sub-paragraph (j) of the first paragraph of the relevant article. The relevant article will be as follows after the amendment; Deliveries of goods and services made to organized industrial zones and small industrial estates, or to economic enterprises established by them, for water, sewerage, treatment, natural gas, electricity, communication, renewable and other energy facilities, road construction, and the construction of workplaces in small industrial estates, Thus, renewable energy and energy investments to be made in facilities within this scope will be exempt from VAT.
The exemption will be applied to investments in organized industrial zones and small industrial estates.
This content has been translated using artificial intelligence technology.