The Turkish Ministry of Finance’s has put into practice a project that has been long-awaited by the e-commerce sector. As from 1 January 2015 Turkish Dotcoms (companies that do e-commerce) are to issue e-invoices to their customers instead of paper invoices, according to the penned notification of Turkish Minister of Finance Mehmet ?im?ek.
The central hub in this plan is the e-archive application of the Revenue Administration. Once it is brought into effect, internet sales will be made faster, more secure, and with minimum cost. Moreover, online shopping can now be observed more closely, and therefore the tax loss in this area would be prevented more efficiently.