TBMM's Proposed Law Could Bring Booking.com Back to Turkey: Advantages and Risks for Domestic Firms
Türkiye Büyük Millet Meclisi'ne sunulan yasa teklifiyle, Booking.com ve benzeri uluslararası dijital konaklama platformları Türkiye pazarında yeniden
A bill proposed to the Turkish Parliament could allow Booking.com and other international digital accommodation platforms to resume operations in Turkey. According to the bill, companies would be required to register as tax entities in Turkey, pay taxes on their earnings, and contribute 5% of their revenue to the Turkey Tourism Promotion and Development Agency. Additionally, foreign platforms would need to establish offices in Turkey and obtain a two-year renewable business license. The bill would reduce the commission rate for international platforms from 20% (for domestic firms) to 17%. Companies would also be required to ensure the transparency of their algorithms and avoid steps that could dominate the market. While this could provide a competitive advantage for Turkey's national tourism sector, it also raises concerns about increased control by foreign platforms in the country.
Related News & Analysis
View All →
Long‑Term Loan Rates Hit 35%: Treasury’s Dilemma and Consumer’s Predicament
ICBC Grants İş Bank $200 Million Loan, Redefining Turkey's Financing Landscape
China Holds LPR Steady for 15th Month: Implications for Credit Margins and Economic Strategy
Exchange Conversion Premium to Double: What Does It Mean for Commercial Sectors?
US Treasury's Shock Move in Bonds: 30-Year Yields Drop to 5.19% Amid Market Turmoil
Turkish Banks Struggle with Interest Rate Pressure and Political Uncertainty
Latest Market News
All News →![[YYAPI] YEŞİL YAPI ENDÜSTRİSİ A.Ş.
Katılım Finansı İlkeleri Bilgi Formu - Katılım Finansı İlkeleri Bilgi Formu](/_next/image?url=%2Fuploads%2Fkap-default.png&w=3840&q=75)
[YYAPI] YEŞİL YAPI ENDÜSTRİSİ A.Ş. Katılım Finansı İlkeleri Bilgi Formu - Katılım Finansı İlkeleri Bilgi Formu

Moderna's Cancer Vaccine Euphoria Hits Profit-Taking Wall: $18 Billion Wipeout
Moderna’s Personalized mRNA Gamble: Oncology Revolution or Market Bubble?
![[GSRAY] GALATASARAY SPORTİF SINAİ VE TİCARİ YATIRIMLAR A.Ş.
Transfer Görüşmelerinin Sonuçlanması veya Sona Ermesi - Profesyonel Futbolcu Aleksei Batrakov Transferi Hakkında](/_next/image?url=%2Fuploads%2Fkap-default.png&w=3840&q=75)
[GSRAY] GALATASARAY SPORTİF SINAİ VE TİCARİ YATIRIMLAR A.Ş. Transfer Görüşmelerinin Sonuçlanması veya Sona Ermesi - Profesyonel Futbolcu Aleksei Batrakov Transferi Hakkında

Norway’s July Oil Production Slump Sends Shockwaves Through European Energy Markets
