Social Media Tax: Internet as a Business

In our time, too many social media channels can not deny the consumer's purchasing decisions. This has caused the potential, influenza marketing to be born and rapidly spread. For this reason, social media taxation has started to be introduced into digital media, which has become a channel for advertising and promotion.

Now Influencer Marketining, which is more effective than most marketing methods, has begun to prove itself and important steps have been taken to tax advertisements and promotional services via social media. Finance Minister Naci Agbal said that current tax laws do not fully understand this area and will make an arrangement under the new Tax Procedure Law. So the influencers can be counted as a workplace with the new regulation. In this context, social media phenomena that earn thousands of pounds each day due to product promotion will also receive social media tax.

Vergilemenin, stoppage is expected to be done in the form of interruption. The Council of Ministers will set a tax rate ranging from 0 to 25 percent. The tax rate is expected to be around 15 percent.

Source: Habertürk

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