Numara : 2
Tarih : 16.4.2014

TAX NEWS NO: 2014/2


April 16, 2014

 

RUSF problem for import factoring transactions has been solved.

In the tax ruling dated 27 March 2014 and no. 70903105-165.01.02[13]-34614 given by the Revenue Administration to the "Financial Leasing, Factoring and Financing Companies Association", payments made for the import transactions to the exporting company by the factoring entity before the beginning date of customs liability will be considered as an advance payment and no RUSF will be requested.

As a result, the Revenue Administration has cancelled the obligation of making payments to the factoring company by the importing company before the beginning date of customs liability.

Yours sincerely,

Deloitte Turkey

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