7.5% DST on online advertising, content and platform services Turkey’s 7.5% DST covers digital service providers exceeding a global revenue threshold of EUR 750 million and local revenue of TRY 20 million. The tax is mainly applicable to revenue generated from online advertising services, digital
Jan 2025 1% withholding tax on e-commerce intermediaries The Revenue Administration of Türkiye has published Presidential Decision No. 9284, introducing a 1% withholding tax on payments intermediaries make to service providers operating under Law No. 6563 governing electronic commerce. This measure becomes effective from 1
Turkey joins the movement to deploy AI machine learning to take on VAT and tax fraud Turkey is set to leverage artificial intelligence (AI) in its efforts to combat tax evasion, following in the footsteps of countries like Greece and the Austria. The Treasury and
Compliance simplification: Ending forms Ba and Bs reports on sales and purchase transactions Turkey’s Revenue Administration has announced a significant regulatory change regarding tax reporting requirements for businesses. A draft communiqué has been prepared, which proposes terminating the requirement for taxpayers to submit Notification on
10 July 2023 VAT standard rate increases from 18% to 20% Turkey has gazetted on 7 July 2023 a 2% increase in its VAT rate from 10th July 2023. The reduced VAT rate will also increase from 8% to 10%. The 1% reduced rate on
From 1 September 2023, e-fatura invoices must include QR Codes The Turkish Revenue Authority is to require taxpayers to include Quick Response Codes (QR Codes) on the following tax documents: E-factura invoices for B2B and B2G transactions (Turkish e-invoices) E-arsiv for all B2C transactions, plus
Delayed tax on overnight accommodation services introduced 1 January 2023 The much delayed Turkish 2% Accommodation Tax was implemented from 1 January 2023. Dec 2021: COVID-19 economic fallout puts back new tax implementation date The Turkish government had pushed back again the introduction of its
Inflation hits 62% in March prompts more VAT rate cuts On 28 March, the Turkey President, Tayyip Erdogan, announced a cut from 18% to 8% for a range of goods including: bathroom supplies such as soap and detergents, napkins and toilet paper baby nappies. restaurant
