Turkiye: Introduction of digital service tax law

The Turkish Government introduced a bill that contains a digital service tax to the parliament. Subjected services to the tax are digital advertising, sale of audio, visual or digital content through a digital platform and digital marketplace services. The tax rate is set at 7.5% and may be changed to a minimum of 1% and a maximum of 15% at the discretion of the president. For a company to be subject to the tax it has to exceed the following thresholds in revenue with the subjected services. Global annual revenue of € 750'000'000 and local annual revenue of TRY 20'000'000. The tax shall be effective three months after its publication.