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Description
On 28 August 2023, the Ministry of Finance published Announcement 41/2023, introducing a VAT refund policy for R&D centres when they purchase domestically made equipment. The policy is in force un...
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Intervention Details
Intervention Type
Tax or social insurance relief
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
28 Aug 2023
Revocation date
31 Dec 2027
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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