Withholding Tax Rate for Goods and Services Sold in E-commerce Set at 1%

In the context of e-commerce, the withholding tax rate for the sale of goods and services has been determined as 1%. The decision titled "Amendment to the Decision in Annex to the Cabinet Decision dated 12/1/2009 and numbered 2009/14592 Regarding the Withholding Rates Stated in Article 94 of the Income Tax Law No. 193, and the Decision in Annex to the Cabinet Decision dated 12/1/2009 and numbered 2009/14594 Regarding the Withholding Tax Rates Stated in Article 15 of the Corporate Tax Law No. 5520, and the Decision in Annex to the Cabinet Decision dated 12/1/2009 and numbered 2009/14593 Regarding the Withholding Tax Rates Stated in Article 30 of the Same Law" has been published in the Official Gazette. Accordingly, the withholding tax rate to be applied to payments made for the sale of goods and services conducted under e-commerce will be 1%.