Turkey VAT updates

March 8th, 2018

Turkey has proposed a range of changes to its VAT law, including: VAT credits will be paid within 12 months or 3 months if they cannot be offset against output VAT due. Any outstanding VAT due to taxpayers will be paid down by the end of 2018. There will also be the right to interest …


Turkey digital services VAT update

February 7th, 2018

Turkey has provided an update on the VAT rules for non-resident providers of digital services to local consumers. VAT was imposed on such transactions from 1 January 2018. Key clarifications include: Details of the new online VAT registration process There are no specific requirements for the maintenance of VAT records Supplies to Turkish VAT registered …


Turkish VAT on e-services

January 10th, 2018

From 1 January 2018, foreign providers of electronic services to Turkish consumers are required to VAT register and charge Turkish VAT (General Communiqué No. 17 on the Value Added Tax Law (Law No. 3065)). This replicates reforms in the EU in 2015, and mirrors similar recent requirements in South Africa, Russia, Japan, Australia and many …


Turkey VAT on foreign B2C digital services

December 30th, 2017

Turkey is to require non-resident providers of digital services to VAT register and charge tax on sales to local consumers from 1 January 2018. The new law was published by the Revenue Administration in General Communique No 17 to the VAT Law. It covers the following matters: Definition of digital services VAT return requirements – …


Turkey VAT update

October 8th, 2016

The Turkish 2104 VAT Law has been recently amended. Changes include: Bond purchases become VAT exempt An exemption from VAT on transportation costs for animal-related supplies Changes to the VAT calculation on related-party transactions VAT exemption on certain certified infrastructure construction A VAT exemption on the trading of asset leases by financial institutions


Turkey reviews VAT on digital services by foreign providers

April 18th, 2015

Turkey is the latest country to confirm that it is reviewing extending Turkish VAT to digital services providers to its consumers by foreign providers. In particular, it is interested in social and streaming media providers, including films, games, apps and e-books. Currently to revenue from such providers is only considered liable to Turkish VAT is …


Turkey improves VAT compliance procedures

May 8th, 2014

Turkey has announced a number of measures to improve the Turkish VAT compliance regime. These include: Large taxable persons will now receive their VAT refunds on an accelerated basis The Turkish VAT Act will now be consolidated to bring over 100 recent changes into a single act An online portal for companies to track the …


Turkey threatens 38% VAT on Twitter ads

April 28th, 2014

As part of a fractious negotiation between Twitter and the Turkish authorities, the Finance Ministry has suggested that Turkish VAT should be doubled from 18% to 36% on domestic advertising in an effort to recoup local tax revenues from the non-resident social network site. This follows a confirmation from the French tax authorities that it …


Turkey extends implementation of electronic invoices

March 4th, 2014

The roll out deadline for Turkish electronic VAT invoices has been delayed until 1 April 2014 due to continuing teething problems.  Until this date, tax registered persons may continue to use paper-based invoices if they wish. New electronic compliance regulations The original edict (Tax Procedural Law Communiqué No.421) for the implementation of Turkey VAT e-invoices …