VAT Tax in Financial Leasing

Vat proportion is applied to financial leasing except for the transactions in the added list of legal decision numbered 2007/13033.

Vat Tax proportion is decided according to the Financial Leasing Agreements, in which delivery of goods and leasing of vat proportions is decide. There will be no chance in the decided proportions of financial leasing during the period of financial leasing agreement.

It id statted in relavent legal decision in the list number 15 that  financial leasing of the vehicles which are not subject to vat tax, is liable to %1 vat and in case of leasing them vat is applied to the amount. (This decision is pursuant to the law no.3065 on the list 13/a)