New Tax Reporting Period Started for Sales Made via Social Media

With the communique published by the Ministry of Treasury and Finance, advertisements and sales transactions made via social media platforms have fallen within the scope of tax liability, while platforms have been mandated to report all sales details to the Revenue Administration.

Scope of the Legal Regulation

Following the new communique published by the Ministry of Treasury and Finance, shopping and sales transactions on social media platforms have been completely included within the scope of tax liability.

Increasing Commerce on Social Media

Along with developing technology, it is stated that there has been a significant increase in sales made through social media platforms such as Facebook, Twitter, and Instagram, in addition to traditional shopping sites.

Details of New Obligations

With the published Tax Procedure Law communique, various legal responsibilities have been imposed on social media platforms, opening the door to a new era.

Reporting Obligation Introduced

Social media platforms are required to completely report the advertisements, sales transactions, tax payers, and parties to the sales carried out through their channels.

Reporting to the Revenue Administration

Reporting all sales transactions, events giving rise to taxation, and transaction parties to the Revenue Administration is now implemented as a legal obligation.

Implementation Process and Representatives

While the obligation in question entered into force with the publication of the communique, all identified earnings and advertisements, including the Turkey representations of the platforms, will be transmitted to the Turkish administrative authorities.