On November 22, 2021, in a press release, the United States (US) Department of the Treasury, together with Turkey, announced an agreement on the treatment of Digital Services Taxes (DSTs) before the full implementation of Pillar 1 of the Organization for Economic Co-Operation and Development (OECD) agreement.
Turkey has agreed to a transition plan “from the existing Turkish Digital Services Tax to the new multilateral solution and [has] committed to continuing discussions on this matter through constructive dialogue” with the US. This agreement also allows for the termination of the Section 301 measures adopted in response to Turkey’s DST procedures.
The Treasury’s press release can be found here:
https://home.treasury.gov/news/press-releases/jy0503
The joint press release from the US and Turkey can be found here:
