7 C
Frankfurt am Main

Turkey increases tax on e-books, stationery goods

Must read

Turkey has increased the value-added tax on digital publishing products and stationery goods to 18 percent from 1 percent, according to the Wednesday edition of the Official Gazette.

The new tax will go into effect at the beginning of 2019.

According to some publishers in Turkey, digital books and media outlets suffer from a lack of regulation and the absence of copyright protection for electronic media.

They believe e-publishing is an underdeveloped area in Turkey, with a decreasing number of e-books coming out every year.

Readers, on the other hand, complain about the high price of e-books and e-magazines in addition to an inability to find the products they want to read online.

More News
Latest News