OrbitaxTurkey Increases VAT Rate for E-Publications and Introduces Withholding Tax for Online Advertising
|Approved Changes|Turkey
Turkey’s Revenue Administration has announced the publication of Decision No. 475 and Decision No. 476 in the Official Gazette of 19 December 2018.
Decision No. 475 provides for an increase in the VAT rate to 18% on the sale of electronic publications including newspapers, magazines, e-books, and other similar publications sold electronically. The 18% rate applies from 1 January 2019
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