{"id":49762,"date":"2025-07-07T10:37:52","date_gmt":"2025-07-07T10:37:52","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=49762"},"modified":"2025-07-07T10:37:52","modified_gmt":"2025-07-07T10:37:52","slug":"turkey-introduces-domestic-minimum-tax-tightens-digital-vat-controls","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/turkey-introduces-domestic-minimum-tax-tightens-digital-vat-controls\/","title":{"rendered":"Turkey Introduces Domestic Minimum Tax &amp; Tightens Digital VAT Controls"},"content":{"rendered":"<p><strong>In August 2024, Turkey enacted Law No. 7524 to introduce a domestic minimum corporate income tax regime, in alignment with OECD-G20 BEPS Pillar Two guidelines. Starting from fiscal year 2025, all corporate taxpayers in Turkey are subject to a minimum 10% tax on income before deductions. The regime ensures a tax floor even where exemptions, incentives, or losses would otherwise reduce tax liability. The legislation also supports the global 15% minimum tax for multinational groups with annual consolidated revenues exceeding \u20ac750 million, as set out under OECD-G20 standards.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>Simultaneously, the same law introduced significant VAT enforcement measures targeting the digital economy. These include mandatory e-invoicing, QR-coded receipts, and real-time transaction reporting obligations. The reforms apply to sectors such as e-commerce, gaming, SaaS, and software, and aim to enhance traceability and tax compliance in digital transactions.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-49762","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/49762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=49762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}