The tax administration cross-matches these returns to monitor the risk of fake or misleading invoices. Late filing incurs a special irregularity penalty; the reporting scope has narrowed for transactions documented by e-invoice.
Source: VUK Genel Tebliğleri (396 Sıra No.lu ve ilgili)
Related terms
E-invoiceIssuing an invoice electronically, in line with the standards set by the Revenue Administration, and transmitting it to the buyer.Special irregularity penaltyA penalty imposed for specifically listed acts such as failing to issue or obtain invoices and similar documents or breaching record-keeping rules.Tax returnThe official document in which a taxpayer reports the tax base and the tax calculated to the tax administration.Advance taxTax paid in advance during the year by income and corporate taxpayers, in quarterly periods, on current-period earnings.Advance tax rulingA written explanation issued by the tax administration upon a taxpayer's written request about its own tax position or matters it considers unclear.Arm's length principleThe principle that transactions between related persons should be carried out at the prices and on the terms that would apply between independent parties with no such relationship.
Last updated: October 31, 2026 · This definition is for general information only.