As is known, the "General Communiqué on the Implementation of the National Vehicle Recognition System (Serial No:1)" published in the Official Gazette dated October 5, 2023 and numbered 32330 mandated the installation of a Vehicle Recognition Unit (VRU) for vehicles acquired through leasing or included in the business and used for work purposes by December 12, 2024. This time, with the "Communiqué Amending the General Communiqué on the Implementation of the National Vehicle Recognition System (Serial No:1)" (Serial No:2), published in the Official Gazette dated September 21, 2024 and numbered 32669, the obligation to install a Vehicle Recognition Unit for vehicles refueling under the NVRS and the following principles regarding the implementation have been added.

Per the criteria set by the Ministry of Industry and Technology, stock option benefits provided to employees at no cost or at a discount by techno-enterprise companies, and considered as wages, are exempt from income tax if their market value on the grant date does not exceed the annual gross wage amount for that year. The relevant details about this exemption have been published on the Official Gazette dated 27.09.2024 and numbered 32675.

The scope of this exemption:

Tax Procedure Law Circular 174 on the uploading of e-ledger certificates has been published.

Based on the authority in the repeated Article 242 of the Tax Procedure Law No. 213, the period for the creation and signing of e-Ledgers, which must be created and signed by those included in the e-Ledger application until the end of September 10, 2024, and the period for uploading the electronic ledger and certificate files that must be uploaded to the Revenue Administration’s Information Processing System within the same period have been extended.

Extension of the Deadline for Creating and Signing Electronic Ledgers and Uploading Electronic Ledger and Certificate Files:

On August 29, 2024, it was announced on the website of the Revenue Administration that the Tax Procedure Law (TPL) General Communiqué numbered 563 was sent to the Presidency for publication.

With the Tax Procedure Law General Communiqué No. 563 published in the Official Gazette dated 31.08.2024 and numbered 32648, a regulation has been made not to make inflation adjustment in the second and third provisional tax periods of the year 2024, among the taxpayers who are obliged to make inflation adjustment, those whose total gross sales in the income statement dated December 31, 2023 are below 50,000,000 TRY.