Mandatory Electronic Bookkeeping for Companies
The Communiqué on the Keeping of Commercial Books Unrelated to Business Accounting in Electronic Environment (“Communiqué”), published in the Official Gazette dated 14 February 2025 and numbered 32813, mandates that commercial books of certain commercial companies be maintained electronically. This regulation applies to the share ledger, board of directors’ resolution book, board of managers’ resolution […]
Withholding Tax Rate for E-Commerce Transactions Set at 1%
Pursuant to the amendments introduced by the Law numbered 7524, dated 28 July 2024, to Article 94 of the Income Tax Law and Articles 15 and 30 of the Corporate Tax Law, payments made by intermediary service providers and e-commerce intermediary service providers to service providers and e-commerce service providers, within the scope of activities […]