15% Tax to be Brought to Social Media Revenues in Parliament

This week, there will be very important agenda items of the Turkish Grand National Assembly. The deputies will discuss the 15 percent withholding tax to be applied to citizens who earn money from social media. Thus, those who make money from social media will have to pay a part of their income as taxes.

Parliament will go through a very busy agenda this week. General Assembly this week, especially Proposal of Law on Amending Tax Procedure Law and Some LawsDue to the fact that ‘s will meet, it will be taken to the close marking of the citizens. Because with this regulation, small businesses affected by the coronavirus tax exemption will be brought. But regulation is not just that. Planned for people who make money from social media tax It will be one of the issues that will be discussed in the parliament in the coming days.

As a matter of fact, some of the articles in the said regulations were published last week. accepted. For users who earn money through social media among the accepted items stoppage procedural There was also the issue of interruption. In this context; Content producers with YouTube income below 650 thousand TL 15 percent withholding cut was decided.

The same will be true for app developers.

Withholding taxation to be applied to those who earn money through social media, application developers will also apply to Thus, through an application they developed money maker citizens will have to pay 15 percent of these earnings as taxes.

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