The tax administration has brought some clarifications regarding the implementation of the new rules, via the VAT Communiqué no.17, published in the Official Gazette on January 31, 2018. This VAT Application Communiqué 17 had been published in December 2017 for non-resident suppliers of digital services to local consumers.
Under the Communiqué, banks, e-money and payment institutions in Turkey shall notify the Revenue Administration about the payments which are made to those who do not have any residence, business centre or office in Turkey and provide such services by customers once every three months.
In accordance with the clarifications, all need to know about the details of online VAT registration methods. VAT filings needs to be done on a monthly basis, by the 24th of the month following the reporting period. The first reporting period is set on first quarter of 2018 and deadline for first submitting return is April 24, 2018. Supplies to Turkish VAT registered customers are subject to zero rate.
