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U.S. and Turkey Extend Compromise Agreement on Digital Services Tax

|Approved Changes|United States-Turkey
United States-Turkey

The U.S. Department of the Treasury has announced the extension of the compromise agreement with Turkey on a transition from Turkey's existing Digital Services Tax (DST) to the new multilateral solution agreed to under Pillar 1 of the OECD's two-pillar. First agreed to in November 2021, the agreement essentially provides that any DST liability that U.S. companies accrue during an interim perio…

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