Deadline Extended for Turkey’s E-Waybill Mandate

Victor Duarte
April 23, 2019

A draft circular, published by the Ministry of Treasury and Finance of Turkey on 15 May, has proposed an extension to the deadline for the mandatory issue of e-waybills.

Whilst the circular still needs to be formally approved, the new deadline is expected to be 1 January 2020.  The postponement to the transition period gives those companies with operations in Turkey more time to prepare and put the required measures in place to be able to comply with this Turkish legal obligation.

What is the e-waybill?

The e-waybill is an electronic document required by Turkish law for the movement of goods within the country. The supplier must issue e-waybills before the transportation of the goods occurs.

An e-waybill must also be provided when goods are moved from a warehouse, even if this doesn’t involve a change of ownership but just a change of location. By issuing e-waybills, the Turkish Revenue Agency (TRA) will have access to relevant information on acquisitions and makes it easier to track the goods during the whole supply chain process.

Take Action

To read more about what we believe the future holds, download Trends: e-invoicing compliance and join our LinkedIn Group to keep up to date with regulatory news and other updates.

Sign up for Email Updates

Stay up to date with the latest tax and compliance updates that may impact your business.

Author

Victor Duarte

Victor is a Regulatory Counsel at Sovos TrustWeaver. Based in Stockholm and originally from Venezuela, he obtained a Law degree and a specialisation degree in Tax Law in his home country. Victor also earned a Master´s degree in European and Internal Tax Law from Lund University in Sweden.
Share This Post

Tax Information Reporting United States
July 11, 2019
Why the IRS Needs to Release Cryptocurrency Tax Guidance

Despite IRS Commissioner Charles Rettig’s promise of “within the next 30 days” more than 30 days ago to Congress regarding the release of forthcoming cryptocurrency tax guidance, we have not seen anything materialize.  As we mentioned previously, the ongoing confusion related to tax reporting obligations continues to plague payers such as crypto or digital currency […]

EMEA Tax Compliance
July 10, 2019
New Regulation Reinforces Free Flow of Data in the EU

When thinking about the aim of GDPR, one of the first things that comes to mind is the set of rules, obligations, and restrictions on the processing of personal data. When in fact, as the full title of GDPR – General Data Protection Regulation – and its recitals explain, the subject matter and purpose of […]

E-Invoicing Compliance EMEA
July 10, 2019
Greek E-Invoicing Reform: Potential Impact of Recent National Elections

On 7 July, Greece began voting to elect a new government.  The disposed governing left party has been dealt with a hefty blow having been in power since 2015.  It was hoped they would introduce less severe politics which many claim they have not only failed to do but, in fact, they actually introduced stricter […]

Tax Information Reporting United States
July 9, 2019
The IRS Is Allowing TIN Masking on Form W-2. Here’s Why It’s a Good Idea

At last, the IRS is allowing payers to truncate, or effectively mask, tax identification numbers (TINs) on Forms W-2 sent to payees. The decision comes after years of concern from companies and taxpayers about the risk of exposing TINs, or Social Security Numbers in the case of individual payees, in W-2 distributions.  The new policy […]

EMEA IPT
July 9, 2019
Interpreting Insurance Tax Legislation

Tax legislation is sometimes structured, or worded, ambiguously.  This leaves scope for a number of different interpretations for the treatment of tax on insurance policies, some leading to a lower tax liability than others. This can often be seen when different insurance premium tax (IPT) rates apply to specific sub-classes of the same business or […]