Turkish Tax News
Diyadin YAKUT
29 April 2016Diyadin YAKUT
2472READS

Deadlines regarding certain liabilities extended

Upon receiving requests filed by taxpayers from various economic sectors, the Revenue Administration has declared with circular number VUK-82 / 2016-3 that the deadlines for submitting corporate income tax returns, the completion of the electronic books and uploading the certificates of those electronic book to the automation system are extended.

Based on the legal authority granted to the Revenue Administration by the repetitive article 28 of Turkish Tax Procedural Law (TTPL), which basically regulates that the Administration is vested with the mandate to determine and readjust the deadlines of submitting tax returns and collection of taxes accrued provided that the adjusted date does not elapse the legal term for one month; the deadline for filing the corporate tax return is extended from April 25, 2016 to May 2, 2016.

Using its authority given by the TTPL repetitive article 242 to determine the methods and principals of day-to-day implementation of liability of keeping electronic records and books, the Administration, on the other hand, has decided to extend the deadline of the completion of the electronic books and uploading the certificates of those electronic book to the automation system from May 2, 2016 to May 31, 2016.

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