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Turkey Planning Coastal Tourism Tax-Free Zones

by Ulrika Lomas, Tax-News.com, Brussels

19 August 2015


Turkey's Minister for the Economy, Nihat Zeybekci, has publicized plans to establish tax-free tourism zones.

The plans, disclosed to newspaper Habertürk, will involve the creation of designated areas that will be treated as being "outside national borders." This will mean that persons arriving by boat will not be required to provide their passport. Certain goods and services purchased within these zones, such as accommodation and shopping, will be free from value-added tax.

The zones will be located along the Mediterranean and Aegean coasts, to encourage yacht and cruise ship arrivals.

TAGS: VAT rates | tax | marine | value added tax (VAT) | tax incentives | travel and tourism | tax breaks | Turkey | services | VAT goods & services classification | Economy

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