taxnews.ey.comPrint

11 August 2016

Turkish Tax Authority proposes tax on electronic commerce

The Turkish Government has introduced legislation creating a new withholding tax on income derived by social media users. The provision is contained in the draft law for the establishment of the Sovereign Wealth Fund of Turkey and amendments to certain other laws and decree laws, including the Income Tax Law, Tax Procedures Law and Corporation Tax Law.

A Tax Alert prepared by EY's Global Tax Desk Network, attached below, provides additional details.

———————————————
ATTACHMENT

Full text of Tax Alert 2016-1383

Document ID: 2016-1383

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

Copyright © 1996 – 2025, Ernst & Young LLP

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

EY US Tax News Update Master Agreement | EY Privacy Statement