Turkey's Revenue Administration has announced the publication of Presidential Decision No. 5047 of 30 April 2025. The decision extends the validity of Temporary Article 37 of VAT Law No. 3065, which provides a VAT exemption for the delivery of goods and services related to construction works performed within the scope of investment incentive certificates in the manufacturing industry and tourism sector. Introduced by Law No. 7394 of 2022, the exemption originally applied until 31 December 2025. As per Presidential Decision No. 5047, the exemption is now extended until 31 December 2028.