Previously with you international giants of technology "Tax on digital services"We shared the news of the future.The bill on the digital services tax was accepted by the General Assembly of Parliament.According to the law, all the advertising services offered by the providers digital services will be subject to the digital service tax.
The sale of any digital audio, visual or digital content and digital services to listen to, view, play back, record or use these devices on a digital medium, as well as the provision of digital media in which users can interact are provided. The service tax will be covered. The mediation services to be provided for these services in a digital environment will be subject to the same tax.
"Digital media", "digital service providers", "get gross revenue", "service quote in Turkey", "consolidated financial accounting group" which defines the digital concept proposal of taxpayer services with tax liability also determined.
Taxpayers will be digital service providers. It law income tax institutions to know if the entire liability in terms of the Tax Code, the limited liability in said activities to be carried out by the workplaces or permanent representatives in Turkey will not affect the responsibility digital services tax. From the residence of the taxpayer in Turkey, place of business, legal and business centers of the absence of cases with other cases, the Treasury and the Ministry of Finance, if necessary, the tax debts of with the parties to the transactions taxed in order to ensure processing and payment that mediates may be held liable for the payment of tax.
Excluded from the digital service tax
The law also specifies the persons exempted from the tax on digital services and the services exempted from this tax. As a result, for services subject to the digital service tax, The product obtained from Turkey 20 million Turkish lira or the world in general revenue obtained from 750 million euros or the equivalent in foreign currency with less money from the Turkish lira will be exempt of the digital tax Services. If the taxpayer is a member of a consolidated group in terms of financial accounting, the total revenue generated by the group for tax-related services will be taken into account in the implementation of these conditions.
If both of these conditions are exceeded during the relevant accounting period, the exemption ceases and the digital services tax becomes chargeable as of the fourth taxation period following the tax period during the tax period. from which the limit is exceeded. To determine whether these conditions are exceeded, the cumulative income obtained during the relevant accounting period at the end of the quarterly periods of the accounting period is taken into account. The tax exemption for those who are subject to one of the exemption conditions for two consecutive fiscal years will resume from the next accounting year.
The President will be allowed to reduce these durations up to zero or up to three times, separately or jointly, depending on the types of services covered by the tax. The Ministry of Treasury and Finance will be authorized to introduce notification and certification requirements for the determination and implementation of the exemption and to determine the procedures and principles for the implementation of the Regulation. In this context, those who do not fully fulfill their notification and certification obligations in a timely manner, 30 days to fulfill their obligations. Those who do not fulfill their notification and certification obligations in a complete and timely manner within the specified timeframe will not benefit from the exemption.
Services exempt from the digital service tax
Telegraph and telephone law services paid through Treasury services through publicly available mobile electronic communications services at the national level; revenues will be exempt from the digital service tax and the products of these services will not be taken into account in determining the conditions of the exemption. Exemptions and exemptions from the digital services tax will only be governed by the addition or amendment of the provisions of this Act. The provisions of the exemption or exemption provided by other laws are void in respect of this tax.
The rate of the digital service tax will be 7.5%
The basis of the digital services tax will be the revenue generated by the services included in the tax submitted during the relevant tax period. If the calculation of revenue and foreign exchange on the date of the product obtained by the purchase of the Central Bank's current exchange rate of the Republic of Turkey will be translated into Turkish lira. There will be no reduction of the tax base under the name of expense, cost and tax. The digital service tax will not be shown separately in the invoice and in the bill replacement documents. The rate for the digital service tax will be 7.5%. The digital service tax will be calculated by applying the rate to the matrix and no deduction will be made from the tax calculated. The President will be allowed to reduce this rate up to 1%, separately or together, with respect to types of services, and to increase it twice.
Period of taxation in digital services, calendar year will have periods of one month However, the Ministry of Treasury and Finance is allowed to determine a quarterly tax period instead of a tax period of one month depending on the types of services and the volume of tax. Taxpayers' activity.