Agreement between Turkey and the US with respect to Digital Services Tax
February 24, 2022
The United States and Turkey have agreed on the terms for the rescission of Turkey's Digital Services Tax (“DST”) that largely targeted highly profitable US technology giants.
A total of 136 countries of the Organization for Economic Cooperation and Development (“OECD”)/G20 Inclusive Framework—representing nearly 95 percent of the world’s GDP—agreed in principle to rescind their digital services taxes as part of a sweeping global tax deal agreed on 8 October 2021.
Read our article, "Agreement between Turkey and the US with respect to Digital Services Tax," for more information on this update.
