CORPORATE TAX WITHHOLDING HAS BEEN IMPOSED ON E-ADVERTISING PAYMENTS IN SOCIAL MEDIA.

CORPORATE TAX WITHHOLDING HAS BEEN IMPOSED ON E-ADVERTISING PAYMENTS IN SOCIAL MEDIA.

 

TURKEY introduce 15% witholding corporate tax on e-advert payments to non-resident taxpayers. Thus, the e-advert payments wired to social media platforms such as facebook, google, youtube and instagram etc. will be subject to witholding corporate tax as well as reverse charge VAT.