Numara : 1
Tarih : 4.4.2014

TAX NEWS NO: 2014/1


April 04, 2014

Certain taxpayers are obligated to keep, maintain and submit records for specified subjects in electronic media.

With the Tax Procedures Code General Communique No 431 which was promulgated in the Official Gazette dated 29 December 2013, certain taxpayers are obligated to keep, maintain and submit records for specified subjects in electronic media. The regulation will enter into force as from 1 July 2014.

Taxpayers who are in the scope of the obligation determined in the abovementioned Communique.

These taxpayers are;

  • Those liable for Special Consumption Tax ‘SCT’ within the scope of the list no. (I) attached to the Special Consumption Tax Code,
  • Those holding any of dealership, transportation, distribution, warehousing (including vessels) mineral oil, free user, bunker fuel delivery, transmission, refinery and operating licenses within the scope of Petroleum Market Law numbered 5015,
  • Those holding any of CNG (compresses natural gas), warehousing, wholesale, distribution, transmission, import and export licenses within the scope of Natural Gas Market Law numbered 4646,
  • Those holding any of the distribution, warehousing, transportation and autogas retailers licenses within the scope of the Law Numbered 5307 on Liquidated Petroleum Gases (LPG) Market,
  • Concerning the goods which are included in the schedule (B) of list no (III) attached to the Special Consumption Tax Code;
  • Real and legal persons obtaining Tobacco Trade Authorization Certificate from the Tobacco and Alcohol Market Regulatory Authority
  • Real and legal persons obtaining Production and Activity Conformity Certificate from the Tobacco and Alcohol Market Regulatory Authority
  • Real and legal persons who market and distribute the products of real and legal persons that hold a Production and Activity Conformity Certificate obtained from the Tobacco and Alcohol Market Regulatory Authority to taxpayers that possess Wholesale Certificates

Below transactions and minimum required registries related to the items (that are) to be kept are highlighted in the Communique for the taxpayers;

  • Sales records,
  • Purchase records,
  • Beginning and ending inventory records
  • Import records,
  • Export records,
  • Production records,
  • Other records.

Please find below the minimum registry requirements with respect to the sales transactions;

  • Journal ledger date,
  • Journal ledger number,
  • Date of the document,
  • Serial number of the Document,
  • The purchaser’s name, surname or title,
  • The tax identity number (or T.R. identification number for real persons),
  • Type of goods,
  • Type of each good sold and each service rendered (name, brand, model and similar distinguishing features),
  • Type of goods and services sold, measurement unit (lt, item, kg, hour etc.)
  • Unit price of each good sold and each service rendered
  • Amount of each good sold and each service rendered
  • Tax liabilities, tax exceptions and tax reductions,
  • Discounts, commissions and other similar items specified on the document,
  • The total amount stated in the document.

On the other hand, almost all of the information regarding the purchase invoice shall be included in the records on the basis of each good purchased.

Taxpayers within the scope of the Communique should keep, maintain and submit records for the abovementioned subjects in electronic media. The records shall be composed pursuant to all activities of the taxpayers.

Yours sincerely,

Deloitte Turkey

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