Turkey Proposes Raising Digital Services Tax to 12.5% for Foreign Platforms

• Turkey’s Nationalist Movement Party (MHP) proposed raising the Digital Services Tax (DST) rate from 7.5% to 12.5% and expanding its scope.
• The DST applies to digital platforms with global sales over EUR 750 million and Turkish-sourced income over TRY 20 million.
• The tax targets major international platforms such as Facebook, Instagram, TikTok, YouTube, Spotify, Netflix, Google Play, Apple App Store, and Steam.
• The proposed increase will only affect foreign digital platforms; domestic companies will not see a change.
• Higher DST is expected to result in increased subscription fees for Turkish consumers.

Source: 1stopvat.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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