Debit and Credit Card Obligation for Payments Exceeding 7,000 TRY for Non-Taxpayers

According to the regulation made with the General Communiqué on Tax Procedure Law (Serial No: 572) published in the Official Gazette dated October 18, 2024 and numbered 32696, it is obligatory for non-taxpayers to make all kinds of collections and payments exceeding 7,000 TRY through financial institutions and to certify these collections and payments with documents issued by such institutions.

Non-taxpayers are defined as those other than first and second class merchants, self-employed, merchants whose earnings are determined in simple procedure, Farmers who keep accounting books , tax-exempt merchants who are obliged to receive invoices within the scope of the first paragraph of Article 232 of the Tax Procedure Law.

Collections and Payments that are not within the scope of the obligation to certify even if the transaction amount exceeds 7,000 TRY are determined as follows;

• Transactions between non-taxpayers among themselves,
• Transactions of non-taxpayers with foreigners and/or real persons who are not residents of Türkiye,
• Payments related to certain transactions such as transactions performed at land registry offices and transactions performed at notaries public,

The relevant Communiqué enters into force on the date of its publication.

You can access the related circular here (In Turkish).

Should you have any queries or need further details, please contact your customer representative.