Blog Is it a simple method to sell on the Internet?
Contents
Is there a simple method for selling on the Internet?
For those who are wondering if the simple method is taxable in e-commerce, the simple method is not possible in e-commerce. Persons or businesses dealing with e-commerce are taxed according to the real method. Simple method of selling on the internet does not seem possible.
Is there a tax on making money from the internet?
The first 25 articles of the law proposal, which are closely related to those who produce content on social media and develop applications for mobile devices, have been approved. According to the first 25 articles, these people will only be subject to income tax to be deducted by the bank.
How much is the Internet sales tax penalty?
Sales over the Internet If the person or companies making an invoice have not issued an invoice for the payments they have collected, a special irregularity penalty of 240.00 TL (for the year 2021) may be charged for each invoice that is not issued. The sum of these fines will not exceed 120,000 TL for 2021.
Is it forbidden to sell over the internet?
Formally, it is obligatory to establish a company to sell online. By law, all purchases must be invoiced. When selling online, you must also have the authority to issue invoices. Invoicing for online sales is only possible when you set up a company.
Is it a simple method for traders?
A person dealing with online commercial goods (commodities) trading (e-commerce) taxpayers cannot be taxpayers with a simple procedure, tax offices subject taxpayers engaged in e-commerce activities to taxation in the real method.
What is the penalty for selling products without invoice?
2022 calendar The minimum fine to be imposed for each invoice to be issued in the year is 500 TL. This is the penalty amount determined regardless of the invoice amount. In 2021, it was 380 TL. The penalty for not issuing an invoice is 10 percent of the amount that should be written on the invoice.
What works does the Simple Procedure cover?Simple method includes small art and trade connoisseurs such as small grocers, tailors, butchers, who are subject to low income groups. Simple procedure taxpayers do not keep books. On the other hand, simple procedure taxpayers do not pay temporary tax and their sales are exempt from VAT in accordance with article 17/4 of the VAT Law.
Read: 188
