Turkey Tax Agency Issues Guidance on Exemption for Online Sales of Homemade Products

The Turkish Revenue Administration Aug. 5 issued Publication No. 568, on the individual income tax exemption for online or electronic sales of homemade goods. Topics covered include: 1) in-scope products, such as towels and rugs; 2) exemption requirements, such as not exceeding 312,066 Turkish lira (US$7,681) in annual gross sales in 2025 for all products online, and not employing workers or opening a business; 3) the 2 percent withholding tax rate for payments made for goods within the exemption’s scope; 4) the waiver from bookkeeping and tax return filing obligations; 5) the five-year requirement to retain slips and documentation of ...