Amendments on Declaration and Payment Terms on Certain Tax Declarations

As per to the 115 numbered Tax Procedure Law and 29.03.2019 dated Circulars announced by the Revenue Administration certain amendments have been made in the tax declarations and the payment terms of the relevant declarations.

Within this scope as of April 1, 2019:

• Withholding Tax
• Value Added Tax (KDV)
• Stamp Tax
• Income and Temporary Corporate Tax
• Income and Corporate Tax

The declaration payment periods; for the taxes which are paid at once have been extended by the end of the relevant month, along with the payments which can be conducted by installments, the payment term for first installment has been extended by the end of the month. For the tax payers under the special accounting period shall amend their tax calendars as per to the new regulation and conduct the payments accordingly.

Other than the tax & declarations mentioned hereinabove, no other amendments have been made with the new Circulars.

You can access the revised tax calendars from the below links:

• Tax calendar for equity companies
• Tax calendar for liaison / representative offices

You can access the full Circulars in Turkish, announced by the Revenue Administration by clicking here.

Category Taxation Law

• 

• Notification!

  The content in this article is for general information purposes only and belongs to CottGroup^® member companies. This content does not constitute legal, financial, or technical advice and cannot be quoted without proper attribution.

  CottGroup^® member companies do not guarantee that the information in the article is accurate, up-to-date, or complete and are not liable for any damages that may arise from errors, omissions, or misunderstandings that the information may contain.

  The information presented here is intended to provide a general overview. Each specific case may require different assessments, and this information may not be applicable to every situation. Therefore, before taking any action based on the information provided in the article, it is strongly recommended that you consult a competent professional in the relevant fields such as legal, financial, technical, and other areas of expertise. If you are a CottGroup^® client, do not forget to contact your client representative regarding your specific situation. If you are not our client, please seek advice from an appropriate expert.

  To reach CottGroup^® member companies, click here.