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In the e-commerce world, setting up the correct tax settings is a critical step for both legal compliance and smooth sales processes. When opening your Shopify store or updating your existing one, correctly setting the tax rates specific to Turkey helps you avoid potential penalties and improve the customer experience.
Where to Update Tax Settings on Shopify?
Shopify provides store owners with the ability to easily manage tax settings. Before entering the applicable rates in Turkey, you can follow these steps:
- Log in to the Shopify admin panel
- Go to Settings → Taxes and Duties
- Select Turkey from the tax regions
- Enter or update the tax rates
With these steps, the correct tax rates will be automatically reflected in the sales price of your products.
Example Applicable Tax Rates in Turkey
The most commonly used tax rates in e-commerce in Turkey are as follows:
- VAT 18%: Standard rate for most products and services
- VAT 8%: For some food and basic products
- VAT 1%: In certain special cases
Determining the correct rate according to your product category ensures that invoices and reports are accurate.
MPoints to Confirm with Your Accountant
It is important to confirm with your accountant before adding tax rates to Shopify. In particular:
- Product classification and VAT rate
- Application of taxes in case of discounts and campaigns
- VAT exemptions in sales abroad
These checks help you avoid possible non-compliance and penalties in the future.
To manage your Shopify store smoothly in Turkey, it is essential to set the tax settings correctly. By filling in the correct fields in the admin panel and confirming with your accountant, you can ensure legal compliance and keep your sales processes running seamlessly.
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