Will be there any stoppage on payments made to purchase databases consisting of scientific journals published abroad and to subscribe to these journals in order to support education, training and scientific researches?
In accordance with the Council of Ministers Decree No. 2009/14593, 20% tax deduction is required in the evaluation of such payments as royalty to be made to the resident company in exchange for receiving information from databases created abroad.
However, if there is an agreement to prevent double taxation between Turkey and the country where the firm is a resident abroad and there is a lower rate in these agreements, this rate will be taken into consideration.
Source: İSMMMO
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