Fine Amounts (Tax Procedure Law) And Other Thresholds To Be Applicable in 2016
Irregularity fines, special irregularity fines and other amounts and thresholds set forth in the relevant law have been redetermined by the General Communique on Tax Procedure Law (No:460) published in the Official Gazette No 29573 dated December 25, 2015 The amounts which will be applicable as from 1 January 2016 are as below:
ARTICLE NO – SUBJECT |
Amounts to be applicable in 2016 (TL) |
|
ARTICLE 104- |
Method of Announcement |
|
|
1- If the announcement is made in the tax office |
2.000 |
3- If the announcement is; |
|
|
|
2.000-200.000 |
|
|
200.000 and above |
|
ARTICLE 115 (BIS)- |
Waiver from accrual |
24 |
ARTICLE 153/A- |
Security amount |
88.000 |
ARTICLE 177- |
Bookkeeping thresholds on the basis of the balance sheet account |
|
1- Annual; |
||
|
168.000 |
|
|
230.000 |
|
2- annual gross business revenue |
90.000 |
|
3- Sum of five times of the business revenue and the annual sales amount |
168.000 |
|
ARTICLE 232- |
Obligation for invoicing |
900 |
ARTICLE 252- |
Duties for carnet attestation charged by mukhtars |
2,40 |
ARTICLE 313- |
Fixtures and goodwills to be directly recognized as expense |
900 |
ARTICLE 343- |
Minimum fine threshold |
|
|
11 |
|
|
21 |
|
ARTICLE 352- |
Irregularity degrees and fines |
|
(Table as per the law) |
||
1st degree irregularities |
||
1- Capital Companies |
126 |
|
2- The self-employed and first class merchants other than capital companies |
80 |
|
3 - Second class merchants |
40 |
|
4- Those who are not listed above but subject to income tax by statement procedure |
19 |
|
5- Those whose earnings are determined by simple procedure |
11 |
|
6- Craftsmen exempted from income tax |
5 |
|
2nd degree irregularities |
||
1- Capital Companies |
69 |
|
2- The self-employed and first class merchants other than capital companies |
40 |
|
3 - Second class merchants |
19 |
|
4- Those who are not listed above but subject to income tax by statement procedure |
11 |
|
5- Those whose earnings are determined by simple procedure |
5 |
|
6- Craftsmen exempted from income tax |
2.7 |
|
ARTICLE NO – SUBJECT |
Amounts to be applicable in 2016 (TL) |
|
ARTICLE 353- |
Failure to provide and receive invoice or similar documents and noncompliance with other provisions on form and procedure |
|
1- Failure to provide/ receive invoice, expenditure voucher, producer receipt, or self-employment receipt |
210 |
|
|
110,000 |
|
Failure to issue, use or maintain retail sales voucher, voucher given by cash registers, entrance and passenger transport ticket, delivery note, packing list, passenger list, daily customer list and the documents the issuance of which was rendered to be compulsory by the Ministry of Finance. |
210 |
|
|
11,000 |
|
|
110,000 |
|
4- Failure to maintain, register daily or submit to the authorities the ledgers, the maintenance and daily registration of which are rendered compulsory by the Ministry of Finance; and failure to comply with the obligation to maintain and display the tax certificate |
210 |
|
6- Those who fail to comply with the specified accounting standards and the procedures and principles of the uniform chart of accounts and the financial charts, as well as the rules and standards pertaining to the creation of computer programs for accounting |
5,000 |
|
7- Those who carry out transactions without the use of tax number which is rendered obligatory to use for the transactions to be carried out by the public institutions and organizations and real persons and legal entities |
260 |
|
8- Printing house managers who fail to fulfill, either fully or partially, their notification duty regarding document printing. |
800 |
|
|
158,000 |
|
9- From among the institutions, which are obliged to use tax identification number pursuant to Law No 4358, those which fail to provide notifications for their transactions pursuant to the specified standards and in due time. |
1,100 |
|
10- In the name of the owner of the vehicle who fails to stop despite the stop warning of the officer of the Ministry of Finance with special marking pursuant to Paragraph (d) of Article 127 |
800 |
|
ARTICLE 355- |
b) For Stamp Duty |
|
|
1.79 |
|
ARTICLE 355 (BIS)- |
Fines imposed to those who are reluctant to provide information or those who fail to comply with Articles 256, 257 and 257 (Bis) |
|
1-In respect of first class merchants and the self-employed |
1,370 |
|
2-In respect of second class merchants, farmers who keep books and those whose income is determined by simple procedure |
690 |
|
3-Those who are not included in the above items |
340 |
|
Total special irregularity fine to be imposed within one calendar year to those who fail to comply with the obligation to authenticate their collections and payments by means of the documents issued by banks, similar financial institutions or postal authorities. |
1,100,000 |
Please click here to view the Communique which includes the relevant regulation. Please contact your customer representative or an expert for further information.
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Notification!