Collection of Value-Added Tax Relating to the Utilization of E-Commerce Finally Regulated by the Government

As an implementing regulation to Regulation of the Government in Lieu of Law No. 1 of 2020 on Policies for State Finances and for the Stability of the Financial System in Order to Mitigate the Coronavirus Disease 2019 (COVID-19) Pandemic and/or to Deal with Potentially Harmful Threats to the National Economy and/or the Stability of Financial System,[1] the Minister of Finance (“Minister”) recently issued Regulation No. 48/PMK.03/2020 on Procedures for the Appointment of Collectors and for the Collection, Deposit and Reporting of Value-Added Tax for the Utilization of Taxable Intangible Goods and/or Taxable Services from Outside of Customs Areas within Customs Areas via Electronic Trading Systems (“Regulation 48/2020”).[2]