According to the changes foreseen in the draft, the refund of the tax declared with the VAT declaration No. 2 will continue, but the tax refund will not be received in the same month. For example, the VAT of a product purchased in January will be declared in declaration No. 2 and paid in the same month. When this product is sold, a refund can be requested for the tax deducted and this tax can be offset in the following months.
In addition, the submission date of VAT returns submitted as a responsible person has been moved to the 21st day of the month following the taxation period, and the payment date has been moved to the 23rd day.
According to other changes, no delay interest will be applied for the time spent during the transactions made at the tax offices regarding the offset requests of taxpayers who correct the deficiencies after the 30-day additional period. Additionally, some VAT exemption periods will be extended until the end of 2028.
Work is continuing to develop the draft in question and make it ready for publication, and sector representatives were asked to send their opinions and suggestions regarding the draft to the e-mail address fsayimoglu@gelirler.gov.tr until January 19, 2024.
Related Draft Link: Draft Link
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