Digital economy taxation in Turkey and the Gulf Cooperation Council (GCC) – The taxation of the digital economy has gained significant focus over the past few years. In the field of direct taxation, global tax reform is pending in the form of a two-pillar proposal. While the two-pillar proposal is a multilateral measure, taxpayers operating globally are also faced with unilateral measures in the form of Digital Service Taxes, Electronically Supplied Services regimes and special VAT regimes targeting the digital economy. Turkey and the GCC countries have also introduced measures to tax the digital economy.
Source Baker & McKenzie
