Tax declared under voluntary disclosure is paid together with a voluntary disclosure surcharge. The conditions include filing before the administration discovers the matter and paying the tax within a set period. The voluntary disclosure surcharge rate is linked to the late payment surcharge rate.
Source: Tax Procedure Law No. 213 Art. 371
Related toolRun the calculation nowRelated terms
Tax loss penaltyA penalty imposed when tax is under-assessed because the taxpayer failed to fulfil tax obligations on time or fulfilled them incompletely.Late payment surchargeA surcharge applied for each month from the due date when a public receivable is not paid on time.Advance taxTax paid in advance during the year by income and corporate taxpayers, in quarterly periods, on current-period earnings.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.Capital gainGains of individuals from disposing of certain assets and rights that are subject to income tax.Certified public accountant (SMMM)A professional authorised to keep taxpayers' books, prepare their financial statements and advise on accounting and tax matters.
Last updated: October 22, 2026 · This definition is for general information only.