VAT Discount at Universities
Global News reported that VAT reduction is made for the universities in Turkey. VAT was reduced from 8 percent to 1 percent. The discount decision will be valid between September 1, 2020 and June 30, 2021.
With the regulation in the Official Gazette, the VAT rate in education and training services, which is currently subject to 8 percent VAT, has been reduced to 1 percent.
Thus, as a continuation of the support given to the private sector in general during the epidemic period, the Turkish government aimed to reduce the VAT rates of taxpayers who were active in this field before the beginning of the education period, including universities, and the difference between them was aimed to reflect positively on parents.